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NXP Semiconductors N.V. (NXPI) is a leading global semiconductor manufacturer with a market cap of $69.62 billion. Headquartered in Eindhoven, Netherlands, NXP operates across numerous countries, providing innovative solutions for automotive, industrial, mobile, and communications infrastructure markets. The company is scheduled to report its fiscal second-quarter earnings for 2024 after the market closes on Monday, Jul. 22.
Ahead of the event, analysts expect NXPI to report a profit of $2.82 per share, down 7.2% from $3.04 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.