Earnings Outlook For ON Semiconductor
Portfolio Pulse from Benzinga Insights
ON Semiconductor is set to release its quarterly earnings report on October 28, 2024. Analysts expect an EPS of $0.97. Investors are keen on the company's ability to surpass estimates and provide positive guidance, as past earnings have shown mixed market reactions.
October 25, 2024 | 3:02 pm
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ON Semiconductor is expected to report an EPS of $0.97. Investors are focused on whether the company can surpass estimates and provide positive guidance, as past earnings have led to mixed market reactions.
The upcoming earnings report is crucial for ON Semiconductor as it will indicate the company's financial health and future prospects. While the EPS is expected to be $0.97, the market's reaction will largely depend on whether the company can exceed this estimate and provide positive guidance. Historical data shows that even when EPS estimates were beaten, the stock price experienced declines, indicating that guidance and market expectations play a significant role in price movements.
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