ON Semiconductor Corp <ON.OQ> expected to post earnings of 51 cents a share - Earnings Preview

• ON Semiconductor Corp ON.OQ ON.O is expected to show a fall in quarterly revenue when it reports results on May 5 for the period ending March 31 2025

• The Scottsdale Arizona-based company is expected to report a 24.8% decrease in revenue to $1.402 billion from $1.86 billion a year ago, according to the mean estimate from 27 analysts, based on LSEG data.The company's guidance on February 10 2025, for the period ended March 31, was for revenue between 1.35 billion and 1.45 billion.

• ​LSEG's mean analyst estimate for ON Semiconductor Corp is for earnings of 51 cents per share. The company's EPS guidance on February 10 2025, for the period ended March 31, was between 0.45 and 0.55

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 14 "hold" and 1 "sell" or "strong sell."

• The mean earnings estimate of analysts had fallen by about 0.0% in the last three months. ​

• Wall Street's median 12-month price target for ON Semiconductor Corp is $55.00​, above​ its last closing price of $39.60. ​​​

The company's guidance on February 10 2025 for the period ended March 31 was for Capital Expenditures between 110 million and 150 million.The company's guidance on February 10 2025 for the period ended March 31 was for gross profit margin between 39% and 41%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated May 2 at 13:40 GMT. 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)