ON Semiconductor Corp. (ON) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

ON Semiconductor Corp. (ON) reported $1.86 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 5%. EPS of $1.08 for the same period compares to $1.19 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.85 billion, representing a surprise of +0.61%. The company delivered an EPS surprise of +3.85%, with the consensus EPS estimate being $1.04.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...