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Neharika Jain

What to Expect From NXP Semiconductors' Next Quarterly Earnings Report

NXP Semiconductors Semiconductor NXPI

Valued at a market cap of $59.5 billion, NXP Semiconductors N.V. (NXPI) offers various semiconductor products, including microcontrollers, application processors, wireless connectivity solutions, radio frequency power amplifiers, and security controllers. These products are used in a wide range of applications, including automotive, wireless infrastructure, lighting, industrial, mobile, and computing. The Eindhoven, Netherlands-based company is expected to announce its fiscal Q3 earnings results on Monday, Nov. 4. 

Ahead of this event, analysts expect the tech company to report a profit of $3.03 per share, down 8.5% from $3.31 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion. 

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