ON Semiconductor Corp. (ON) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $1.39 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.06%. A quarter ago, it was expected that this semiconductor components maker would post earnings of $0.92 per share when it actually produced earnings of $0.96, delivering a surprise of 4.35%. Over the last ...

Quarterly Investor Presentation Third Quarter 2024 onsem. 1 Public Information © onsemi 2024 Public Information © onsemi 2024 Safe Harbor Statement and Non-GAAP and Forecast Information This presentation includes "forward-looking statements," as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included or incorporated in this presentation could be deeme ...

Topic 1: Financial Performance - [Key Point 1] The company reported a 15% increase in revenue compared to the previous quarter. [1] - [Key Point 2] Net profit margin improved by 3% due to cost-cutting measures. [2] - [Key Point 3] Operating expenses decreased by 5% year-over-year. [3] Topic 2: Market Expansion - [Key Point 1] The company entered two new international markets, increasing its global presence. [1] - [Key Point 2] A new product line was launched in Asia, contributing to a 10% increase in regional sales. [4] - [Key Point 3] Strategic partnerships were formed with local distributors to enhance market penetration. [2] Topic 3: Operational Efficiency - [Key Point 1] Implementation of new technology reduced production time by 20%. [3] - [Key Point 2] Supply chain optimization led to a 15% reduction in logistics costs. [1] - [Key Point 3] Employee training programs improved overall productivity by 10%. [4] Topic 4: Risk Management - [Key Point 1] The company established a new risk management framework to mitigate potential financial risks. [2] - [Key Point 2] Cybersecurity measures were strengthened to protect sensitive data. [3] - [Key Point 3] A contingency plan was developed to address potential supply chain disruptions. [1] Topic 5: Sustainability Initiatives - [Key Point 1] The company reduced its carbon footprint by 25% through the adoption of renewable energy sources. [4] - [Key Point 2] A new recycling program was introduced, resulting in a 30% reduction in waste. [2] - [Key Point 3] The company committed to achieving net-zero emissions by 2030. [1]

ON Semiconductor Corporation ON will release earnings results for its third quarter, before the opening bell on Monday, Oct. 28.Analysts expect the Scottsdale, Arizona-based company to report quarterly earnings at 97 cents per share, down from $1.39 per share in the year-ago period. ON Semiconductor projects to report revenue of $1.75 billion for the quarter, compared to $2.18 billion a year earlier, according to data from Benzinga Pro.On July 29, ON Semiconductor reported better-than-expected second-quarte ...

On Semiconductor (ON) is slated to release its third-quarter 2024 results on Oct. 28.For third-quarter 2024, onsemi expects revenues between $1.7 billion and $1.8 billion. Earnings are expected to be in the range of 91cents to $1.03 per share.The Zacks Consensus Estimate for third-quarter earnings is pegged at 97 cents per share, unchanged in the past 30 days. This indicates a decline of 30.22% from the figure reported in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings C ...

Core Insights - Analysts project ON Semiconductor Corp. will report quarterly earnings of $0.97 per share, a decline of 30.2% year over year, with revenues expected to reach $1.75 billion, down 19.8% from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating analysts have reassessed their initial estimates [1] - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [1] Revenue Estimates - Analysts forecast 'Revenue- Market- Automotive' to reach $931.05 million, reflecting a year-over-year decline of 19.6% [2] - 'Revenue- Market- Industrial' is predicted to be $464.97 million, indicating a year-over-year change of -24.5% [2] - 'Revenue- Market- Others' is estimated at $354.93 million, showing a year-over-year decline of 12.8% [2] Product Revenue Projections - 'Revenue- Product- Intelligent Sensing Group' is expected to be $259.45 million, a decrease of 21% from the previous year [3] - The consensus estimate for 'Revenue- Product- Power Solutions Group' stands at $841.64 million, suggesting a year-over-year decline of 31.6% [3] Stock Performance - Over the past month, shares of ON Semiconductor Corp. have returned -5.6%, contrasting with the Zacks S&P 500 composite's +2.7% change [3] - Currently, ON Semiconductor Corp. holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the overall market in the near future [3]

Company Performance - ON Semiconductor Corp. closed at $66.54, down 0.89% from the previous trading session, underperforming the S&P 500's daily loss of 0.05% [1] - The stock has decreased by 3.73% over the past month, while the Computer and Technology sector gained 3.5% and the S&P 500 gained 2.76% [1] - The upcoming earnings report on October 28, 2024, is expected to show earnings of $0.97 per share, reflecting a year-over-year decline of 30.22%, with quarterly revenue projected at $1.75 billion, down 19.77% from the previous year [1] Fiscal Year Estimates - For the entire fiscal year, earnings are predicted to be $4.01 per share and revenue at $7.13 billion, indicating declines of 22.29% and 13.61% respectively from the prior year [2] - Recent changes in analyst estimates suggest shifting business dynamics, with positive revisions indicating analyst optimism regarding the company's profitability [2] Valuation Metrics - ON Semiconductor Corp. has a Forward P/E ratio of 16.75, significantly lower than the industry average of 35.58, suggesting it is trading at a discount [3] - The company has a PEG ratio of 3.6, compared to the industry average PEG ratio of 3.35 [3] Industry Context - The Semiconductor - Analog and Mixed industry is part of the Computer and Technology sector and currently holds a Zacks Industry Rank of 174, placing it in the bottom 31% of over 250 industries [4] - The Zacks Industry Rank indicates that the top 50% of rated industries outperform the bottom half by a factor of 2 to 1 [4]

The market expects ON Semiconductor Corp. (ON) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 28, 2024, might help the stock move higher if these key ...

The latest trading session saw ON Semiconductor Corp. (ON) ending at $70.53, denoting a -0.79% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.97%. Elsewhere, the Dow gained 0.3%, while the tech-heavy Nasdaq added 1.45%.Prior to today's trading, shares of the semiconductor components maker had gained 2.45% over the past month. This has lagged the Computer and Technology sector's gain of 8.21% and the S&P 500's gain of 5.41% in that time.The upcoming ea ...

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