ON Semiconductor Corp. (ON) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

ON Semiconductor Corp. (ON) reported $2.02 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 4.1%. EPS of $1.25 for the same period compares to $1.32 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2 billion, representing a surprise of +0.70%. The company delivered an EPS surprise of +3.31%, with the consensus EPS estimate being $1.21.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...