NXP Semiconductors NV (NXPI) Crushes Earnings Estimates

NXP Semiconductors NV (NXPI)NXP Semiconductors NV (NASDAQ: NXPI) reported earnings on April 23. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), NXP Semiconductors NV (NASDAQ: NXPI) beat slightly on revenues and crushed expectations on earnings per share.

Compared to the prior-year quarter, revenue grew. Non-GAAP earnings per share expanded significantly. GAAP loss per share dropped.

Margins grew across the board.

Revenue details
NXP Semiconductors NV (NASDAQ: NXPI) recorded revenue of $1.09 billion. The 13 analysts polled by S&P Capital IQ looked for sales of $1.07 billion on the same basis. GAAP reported sales were 11% higher than the prior-year quarter’s $978.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.72. The 14 earnings estimates compiled by S&P Capital IQ predicted $0.49 per share. Non-GAAP EPS of $0.72 for Q1 were 279% higher than the prior-year quarter’s $0.19 per share. GAAP EPS were -$0.06 for Q1 against -$0.10 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 44.5%, 70 basis points better than the prior-year quarter. Operating margin was 10.0%, 400 basis points better than the prior-year quarter. Net margin was -1.3%, 120 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter’s average estimate for revenue is $1.13 billion. On the bottom line, the average EPS estimate is $0.62.

Next year’s average estimate for revenue is $4.61 billion. The average EPS estimate is $2.68.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 613 members out of 621 rating the stock outperform, and eight members rating it underperform. Among 108 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 105 give NXP Semiconductors NV (NASDAQ: NXPI) a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on NXP Semiconductors NV (NASDAQ: NXPI) is outperform, with an average price target of $35.69.

    The article NXP Semiconductors Crushes Earnings Estimates originally appeared on Fool.com and is written by Seth Jayson.

    Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool recommends NXP Semiconductors.

    Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

    Comments
    Insider Monkey Small Cap Strategy
    Insider Monkey Small Cap Strategy

    Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

    Lists

    The Best B-Boy Movies

    Most Awesome Hip Hop Documentaries

    Foods That Stain Your Teeth

    Richest Doctors in the World

    The Best Movie Sountracks Ever

    The Highest Grossing Musicals on Broadway

    The Most Successful Reality TV Stars

    Cheapest Cities to Visit in the US

    Most Expensive Summer Camps

    Most Expensive Animals in the World

    Most Expensive Specialty Crops in the World

    Movies That Took Ages to Make

    The Longest Hollywood Films Ever Made

    Most Expensive Concert Stages

    The Richest Bands of all Time

    10 Most Corrupt Countries 2013 List

    10 Countries with the Highest Quality of Life Index

    Most Expensive Mattresses in the World

    5 Smallest Countries by Land Area

    The Ultimate Heartbreak Songs

    Richest Teenagers in the World

    10 Most Haunted Places in America

    10 Best Places to Retire in Florida East Coast

    Top 10 Places to See Before You Die

    Top 8 Countries in the World Where Justice Prevails

    10 Richest States in America

    15 Wealthiest Countries in the World

    Richest Singers in the World

    Most Expensive Tasting Menu in New York City

    Most Expensive Baby Items in the World

    Most Expensive Hotel Suites in Vegas

    Most Expensive Brunch in New York City

    Most Expensive Beef Cuts in the World

    25 Best Colleges to Get a Job

    Top 10 US Supermarkets

    The 25 Most Dangerous Cities in the World to Visit

    Most Expensive Xbox Games

    Top 11 Cities Where Billionaires Live

    Top 10 Most Charitable Companies in America

    Most Expensive Seafood in the World

    The 10 Wildest Conspiracy Theories

    The 10 Best Job Markets in the US

    Top 10 Accounting Scandals of All Time

    The 25 Biggest Cities in the World

    Top 10 Best Paying Virtual Jobs

    Most Expensive Leather Shoes in the World

    Top 6 Things to Buy in March

    The 10 Most Stressful Jobs in America – 2014 List

    Top 10 Jobs for Introverted People

    Top 10 Honeymoon Destinations in the World

    Subscribe

    Enter your email:

    Delivered by FeedBurner

    X

    Thanks! An email with instructions is sent to !

    Your email already exists in our database. Click here to go to your subscriptions

    Insider Monkey returned 47.6% in its first year! Wondering How?

    Download a complete edition of our newsletter for free!