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Closing Bell Overtime: Game-Changing Week Ahead? 1/30/23

Closing Bell

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EPS and Revenue Guidance for Q1 - What's the Big Concern?

The median industrial stock has the highest inventory to sales it's had in 20 years. The estimates are already for a big earnings decline. People expect earnings to collapse and they're super cheap. So I think that's not the same cocktail as low expectations, low inventory and cheap. Let me go to Christina Parts and Novellas now who can give us more details on this NXP and the IP rate,.Christina: Part of the reason that we're seeing the stock movement right now has to do with the Q1 EPS guidance which is much larger than it we've previously seen.

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