ON Semiconductor Guides Q3 Revenues Well Above Estimates - Update

RTTNews | 876 days ago
ON Semiconductor Guides Q3 Revenues Well Above Estimates - Update

(RTTNews) - While reporting financial results for the second quarter on Monday, ON Semiconductor Corp. (ON) provided earnings and revenue guidance for the third quarter.

For the third quarter, the company projects earnings in a range of $1.23 to $1.35 per share and adjusted earnings in a range of $1.25 to $1.37 per share on revenues between $2.07 billion and $2.17 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.26 per share on revenues of $2.01 billion for the quarter. Analysts' estimates typically exclude special items.

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ON Semiconductor Guides Q3 In Line With Estimates - Update

ON Semiconductor Guides Q3 In Line With Estimates - Update

While reporting financial results for the second quarter on Monday, ON Semiconductor Corp. (ON) provided earnings and revenue guidance for the third quarter of fiscal 2024, which was in line with estimates.
RTTNews | 148 days ago
Bay Street Likely To Open Slightly Higher

Bay Street Likely To Open Slightly Higher

Canadian shares are likely to open higher on Tuesday, and trading may be a bit lackluster and volumes rather thin as the market will close at 1 pm, and remain closed on Wednesday and Thursday for Christmas and Boxing Day holidays.
RTTNews | 9h 42min ago