Compared to Estimates, ON Semiconductor Corp. (ON) Q4 Earnings: A Look at Key Metrics

Core Insights - ON Semiconductor Corp. reported revenue of $1.72 billion for Q4 2024, reflecting a year-over-year decline of 14.7% and an EPS of $0.95, down from $1.25 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $1.76 billion by 2.05%, while the EPS also missed the consensus estimate of $0.98 by 3.06% [1] Revenue Breakdown - Revenue from the Market- Others segment was $280.10 million, significantly below the average estimate of $364.04 million, marking a year-over-year decline of 31.2% [4] - Revenue from the Market- Industrial segment was $416.90 million, slightly below the average estimate of $421.95 million, representing a year-over-year change of -16.1% [4] - Revenue from the Market- Automotive segment reached $1.03 billion, exceeding the average estimate of $975.22 million, but still showing a year-over-year decline of 8% [4] - Revenue from the Product- Intelligent Sensing Group was $302.50 million, surpassing the estimated $275.66 million, but down 1.7% year-over-year [4] - Revenue from the Product- Analog & Mixed-Signal Group was $610.60 million, below the average estimate of $653.82 million [4] - Revenue from the Product- Power Solutions Group was $809.40 million, slightly below the average estimate of $830.92 million, with a year-over-year decline of 25.5% [4] Stock Performance - Shares of ON Semiconductor Corp. have returned -5% over the past month, contrasting with the Zacks S&P 500 composite's +2.1% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]