NXP Semiconductors’ Upcoming Q3 Results Preview
<p>Deutsche Bank analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/NXPI'>NXP Semiconductors N.V. (NASDAQ:NXPI)</a> ahead of the upcoming Q3 results, expecting another trademark slight beat/raise as they believe the company is unlikely to see a material impact from weaker macro in the near term (unlike peer TXN). </p>
<p>The analysts recently lowered their estimates for the company to reflect a more muted outlook in 2023, with revenues now expected to fall 3% year-over-year. While the deteriorating macro setup has led the analysts to reset their expectations into 2023, they highlighted that the company's particularly prudent management through this upcycle (strict channel inventory management, measured price increases, backlog scrubbing) should limit the downside compared to prior down-cycles.</p>

NASDAQ:NXPI