ON Semiconductor Corporation (NASDAQ: ON) has set the date for the release of its third quarter financial results on Monday 28th October 2024, before market open. Investors and analysts will have a chance to analyze the company's performance during the quarter.
According to financial analysts on Wall Street, the organization is likely to announce an estimated per share $0.97 profit for the quarter. Additionally, the company is anticipated to reveal a total revenue of $1.75 billion during this period.
The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $7.13 billion. Further, they expect the earnings per share to achieve profit of $4 for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $1.39. This notable figure was achieved due to the company's impressive total revenue of $2.18 billion recorded during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.96 | -27.8% | 1.74 B | -17.1% |
| Q1 2024 | $1.08 | -9.2% | 1.86 B | -4.9% |
| Q4 2023 | $1.25 | -5.3% | 2.02 B | -4.1% |
| Q3 2023 | $1.39 | -4.1% | 2.18 B | -0.5% |
| Q2 2023 | $1.33 | -0.7% | 2.09 B | +0.4% |
| *Growth on year-over-year basis | ||||
The organization has scheduled a conference call on 28th October 2024 at 09:00 AM eastern time to discuss the third quarter financial results and other related information.
During Thursday's trading, ON Semiconductor Corporation (ON) shares reached a low of $68.36 and a high of $70.14, along with a total volume of 7.57 million shares. The stock ended the regular trading session at $70.08, indicating an advance of 3.10 percent.
