ON Semiconductor Corp. (ON) reported $1.76 billion in income for the quarter ended September 2024, representing a year-over-year decline of 19.2%. EPS of $0.99 for a similar interval compares to $1.39 a yr in the past.
The reported income represents a shock of +0.70% over the Zacks Consensus Estimate of $1.75 billion. With the consensus EPS estimate being $0.97, the EPS shock was +2.06%.
Whereas buyers scrutinize income and earnings adjustments year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher venture a inventory’s worth efficiency.
Right here is how ON Semiconductor Corp. carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Income- Market- Others: $370.80 million in comparison with the $354.93 million common estimate based mostly on seven analysts. The reported quantity represents a change of -8.9% yr over yr.
- Income- Market- Industrial: $439.90 million versus $464.97 million estimated by seven analysts on common. In comparison with the year-ago quarter, this quantity represents a -28.6% change.
- Income- Market- Automotive: $951.20 million versus the seven-analyst common estimate of $931.05 million. The reported quantity represents a year-over-year change of -17.8%.
- Income- Product- Clever Sensing Group: $278.80 million versus $259.45 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a -15.2% change.
- Income- Product- Analog & Combined-Sign Group: $653.70 million versus the two-analyst common estimate of $649.10 million.
- Income- Product- Energy Options Group: $829.40 million versus $841.64 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a -32.6% change.
View all Key Company Metrics for ON Semiconductor Corp. here>>>
Shares of ON Semiconductor Corp. have returned -4.2% over the previous month versus the Zacks S&P 500 composite’s +2% change. The inventory presently has a Zacks Rank #4 (Promote), indicating that it might underperform the broader market within the close to time period.
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ON Semiconductor Corporation (ON) : Free Stock Analysis Report
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