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Barchart
Neha Panjwani

What to Expect From ON Semiconductor's Next Quarterly Earnings Report

Scottsdale, Arizona-based ON Semiconductor Corporation (ON) provides intelligent sensing and power solutions supplying analog, standard logic, and discrete semiconductors. Valued at $26.7 billion by market cap, the company offers products including integrated circuits and analog ICs, as well as a variety of surface mount and standard packages. The leading semiconductor manufacturer is expected to announce its fiscal fourth-quarter earnings for 2024 on Monday, Feb. 3. 

Ahead of the event, analysts expect ON to report a profit of $0.99 per share on a diluted basis, down 20.8% from $1.25 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. 

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