ON Semiconductor Corp reports results for the quarter ended June 30 - Earnings Summary
ON Semiconductor Corp reports results for the quarter ended June 30 - Earnings Summary
ON Semiconductor Corp ON.OQ reported quarterly adjusted earnings of 74 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 53 cents. The mean expectation of twenty nine analysts for the quarter was for earnings of 71 cents per share. Wall Street expected results to range from 70 cents to 76 cents per share.
Revenue rose 9.2% to $1.60 billion from a year ago; analysts expected $1.59 billion.
ON Semiconductor Corp's reported EPS for the quarter was 56 cents.
The company reported quarterly net income of $226.8 million.
ON Semiconductor Corp shares had fallen by 13.7% this quarter and gained 50.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 4% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 11 "strong buy" or "buy," 19 "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is "buy."
Wall Street's median 12-month price target for ON Semiconductor Corp is $110.00, about 25.8% above its last closing price of $81.61
This summary was machine generated from LSEG data August 3 at 09:56 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.71 | 0.74 | Beat |
Mar. 31 2026 | 0.60 | 0.64 | Beat |
Dec. 31 2025 | 0.62 | 0.64 | Beat |
Sep. 30 2025 | 0.59 | 0.63 | Beat |