ON Semiconductor Corp. (ON) Misses Q4 Earnings and Revenue Estimates

ON Semiconductor Corp. (ON) came out with quarterly earnings of $0.95 per share, missing the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $1.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.06%. A quarter ago, it was expected that this semiconductor components maker would post earnings of $0.97 per share when it actually produced earnings of $0.99, delivering a surprise of 2.06%.Over the last ...