ON Semiconductor Q2 2024 Adj EPS $0.96 Beats $0.92 Estimate, Sales $1.735B Beat $1.729B Estimate
Portfolio Pulse from Benzinga Newsdesk
ON Semiconductor reported Q2 2024 adjusted EPS of $0.96, beating the estimate of $0.92. Sales were $1.735 billion, also surpassing the estimate of $1.729 billion.
July 29, 2024 | 12:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
ON Semiconductor's Q2 2024 results exceeded expectations with an adjusted EPS of $0.96 and sales of $1.735 billion, both beating estimates.
The company's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term as they indicate strong financial performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100