Earnings Outlook For ON Semiconductor

ON Semiconductor ON will release its quarterly earnings report on Monday, 2024-10-28. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate ON Semiconductor to report an earnings per share (EPS) of $0.97.

Anticipation surrounds ON Semiconductor's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Historical Earnings Performance

The company's EPS beat by $0.04 in the last quarter, leading to a 5.49% drop in the share price on the following day.

Here's a look at ON Semiconductor's past performance and the resulting price change:

ON Semiconductor Share Price Analysis

Shares of ON Semiconductor were trading at $70.08 as of October 24. Over the last 52-week period, shares are up 9.52%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for ON Semiconductor visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.