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NXP announced earnings per share of $1.25 on revenue of $2.57B. Analysts polled by Investing.com anticipated EPS of $2.21 on revenue of $2.56B.
NXP shares are up 28.94% from the beginning of the year, still down 5.27% from its 52 week high of $216.43 set on April 5. They are outperforming the Nasdaq 100 which is up 8.83% from the start of the year.
NXP’s report follows an earnings beat by Taiwan Semiconductor on April 14, who reported EPS of $0.9497 on revenue of $12.77B, compared to forecasts EPS of $0.9247 on revenue of $12.78B.
Intel had beat expectations on Thursday with first quarter EPS of $1.39 on revenue of $18.57B, compared to forecast for EPS of $1.15 on revenue of $17.79B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
