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Can NXP Semiconductors Extend Its Streak of EPS Beats? – Darlinez News.

<p> &lbrack;ad&lowbar;1&rsqb;<br &sol;>&NewLine;<&sol;p>&NewLine;<div>&NewLine;<div class&equals;"entry-content column content primary is-two-thirds">&NewLine;<div class&equals;"" style&equals;"padding-bottom&colon; 10px&semi;">&NewLine;<div class&equals;"">&NewLine;<p>&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<span class&equals;"tag is-dark is-uppercase">Investing<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;p>&NewLine;<div class&equals;"byline-container">&NewLine;<div class&equals;"post-date is-italic has-text-grey is-size-7 has-text-weight-medium ">&NewLine;<p>January 27&comma; 2023 11&colon;44 am<&sol;p>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<p>In mid-morning trading Friday&comma; the Dow Jones industrials traded down 0&period;22&percnt; and the S&&num;038&semi;P 500 was down 0&period;22&percnt;&comma; while the Nasdaq was up 0&period;07&percnt;&period; A decent start at the opening bell evaporated&comma; and stocks were struggling to stay in the green&period;<&sol;p>&NewLine;<p>After U&period;S&period; markets closed Thursday&comma; Intel reported missed estimates on both adjusted earnings per share and revenue&period; Even worse&comma; the company’s current quarter revenue guidance fell far short of the consensus estimate&period; Shares traded down about 8&percnt; Friday morning&period;<&sol;p>&NewLine;<p>Another Dow stock&comma; Visa&comma; reported beats on the top and bottom lines&comma; thanks to international travelers who raised their payment volume by 22&percnt; year over year and the rest of us who boosted payment volume and total transactions by 10&percnt; each&period; Shares traded up nearly 2&percnt; Friday morning&period;<&sol;p>&NewLine;<p>Before markets opened on Friday&comma; American Express reported results that missed on both EPS and revenue&period; Upside guidance for the new fiscal year and a 15&percnt; increase to the annual dividend had shares trading up by almost 11&percnt;&period;<&sol;p>&NewLine;<p>Chevron also missed the consensus EPS estimate but beat the revenue estimate by about &dollar;2&period;5 billion&period; The company said it expects 2023 production to be flat to up 3&percnt;&comma; with an average Brent crude price of &dollar;80 a barrel&period; Rising natural gas prices will increase costs at Chevron’s refineries&comma; however&comma; and performance at the company’s other segments is uncertain&comma; tending toward lower&period; Shares traded down about 4&period;4&percnt; shortly in mid-morning action Friday&period;<&sol;p>&NewLine;<p>Alliance Resource Partners&comma; GE Healthcare&comma; Li-Cycle and SoFi Technologies are set to report quarterly results first thing Monday morning&period; Look for Caterpillar&comma; Exxon Mobil&comma; McDonald’s&comma; Pfizer and UPS to share their results early Tuesday&period;<&sol;p>&NewLine;<section id&equals;"email-subscribe" class&equals;"section section-email-sub single-email-sub"><&excl;-- div&period;svg-icon --><&sol;p>&NewLine;<div class&equals;"container">&NewLine;<div class&equals;"subscribe-message" style&equals;"line-height&colon; 1&period;3&semi;">&NewLine;<p>Get Our Free Investment Newsletter<&sol;p>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;p><&sol;div>&NewLine;<&sol;section>&NewLine;<p>Netherlands-based NXP Semiconductors N&period;V&period; &lpar;NASDAQ&colon; NXPI&rpar; is expected to post results after U&period;S&period; markets close on Monday&period; Since posting an all-time high share price in December of 2021&comma; NXP has seen its share price fall by about 23&percnt;&period; The company has beaten EPS estimates for 11 consecutive quarters&comma; and a relatively modest growth estimate for the fourth quarter could extend that streak to 12&period;<&sol;p>&NewLine;<p>Following Intel’s debacle on Thursday&comma; NXP stock traded a little higher Friday morning&period; The company’s focus on chips for automotive applications should give NXP some lift&comma; both for the quarter just past and for the coming year&period; Guidance may make a difference in how investors react to the report&period;<&sol;p>&NewLine;<p>Of 28 analysts covering the stock&comma; 14 have a Buy or Strong Buy rating and 14 rate it at Hold&period; At a recent share price of around &dollar;181&period;00&comma; the upside potential based on a median price target of &dollar;185&period;00 is just 2&period;2&percnt;&period; At the high price target of &dollar;225&period;00&comma; the upside potential is 24&period;3&percnt;&period;<&sol;p>&NewLine;<p>Fourth-quarter revenue is expected to come in at &dollar;3&period;3 billion&comma; which would be down 4&period;3&percnt; sequentially but 8&period;6&percnt; higher year over year&period; Adjusted EPS are forecast at &dollar;3&period;63&comma; down 4&period;7&percnt; sequentially and up 13&period;4&percnt; year over year&period; For the full 2022 fiscal year&comma; analysts anticipate EPS of &dollar;14&period;31&comma; up 33&percnt;&comma; on sales of &dollar;13&period;19 billion&comma; up  19&period;2&percnt;&period;<&sol;p>&NewLine;<p>NXP stock trades at about 112&period;7 times expected 2022 EPS&comma; 13&period;9 times estimated 2023 earnings of &dollar;13&period;07 and 12&period;7 times estimated 2024 earnings of &dollar;14&period;29 per share&period; The stock’s 52-week trading range is &dollar;132&period;08 to &dollar;211&period;83&period; NXP pays an annual dividend of &dollar;3&period;38 &lpar;yield of 1&period;94&percnt;&rpar;&period; Total shareholder return for the past 12 months was negative 1&period;45&percnt;&period;<&sol;p>&NewLine;<div id&equals;"smartasset" style&equals;"margin-bottom&colon; 1em&semi; margin-top&colon; 1em&semi;">&NewLine;<p><b>Sponsored&colon; Tips for Investing<&sol;b><&sol;p>&NewLine;<p>A financial advisor can help you understand the advantages and disadvantages of investment properties&period; Finding a qualified financial advisor doesn’t have to be hard&period; SmartAsset’s free tool matches you with up to three financial advisors who serve your area&comma; and you can interview your advisor matches at no cost to decide which one is right for you&period; If you’re ready to find an advisor who can help you achieve your financial goals&comma; get started now&period;<&sol;p>&NewLine;<p>Investing in real estate can diversify your portfolio&period; But expanding your horizons may add additional costs&period; If you’re an investor looking to minimize expenses&comma;&Tab;consider checking out online brokerages&period; They often offer low investment fees&comma; helping you maximize your profit&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<p>&Tab;&Tab;&Tab;&Tab;<&excl;-- &num;post-footer--><&sol;p><&sol;div>&NewLine;

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