NXP Semiconductors' (NXPI) Q4 Earnings: What's in Store?

by Zacks Equity Research, Feb. 01, 2016 – 

NXP Semiconductors NV (NXPI - Snapshot Report) is expected to report fourth-quarter 2015 results on Feb 3. Last quarter, the company posted a positive earnings surprise of 5.93%.

Let us see how things are shaping up for this announcement.

Factors to Consider

NXP Semiconductors, a global semiconductor company, is known for its automotive and chip identification business and has seen massive growth in the portable device segment over the past one year. The trend is expected to continue in the fourth quarter as well.

Continued strong adoption of tablets and smartphones, automotive electronics and the emergence of the new category of wearables boosted the demand for processing and sensing devices that run them. This should boost NXP Semiconductors' fourth-quarter revenues.

Further, this will be the first full quarter after NXP Semiconductors completed the Freescale Semiconductor buyout.

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