NXP Expects Q4 Adjusted EPS of $4.14 to $4.58, Versus Market Expectation of $4.36

NXP reported third-quarter adjusted EPS of $4.20, compared with $3.11 a year earlier and an expected $4.12; third-quarter revenue was $3.79 billion, up 19% year over year, versus an expected $3.75 billion. NXP expects fourth-quarter adjusted EPS of $4.14 to $4.58, versus a market expectation of $4.36; it expects fourth-quarter revenue of $3.75 billion to $3.95 billion, versus a market expectation of $3.87 billion; and it expects fourth-quarter adjusted gross margin of 58.5% to 59.5%, versus a market expectation of 59%. (Caixin)