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Barchart
Neharika Jain

What to Expect From ON Semiconductor's Q3 2024 Earnings Report

On ON Semiconductor Semiconductor ON Semiconductor Corporation

Valued at a market cap of $29.8 billion, ON Semiconductor Corporation (ON) is an equipment manufacturer of a broad range of discrete & embedded semiconductor components that provides intelligent sensing and power solutions. The Scottsdale, Arizona-based company is expected to announce its fiscal Q3 earnings results before the market opens on Monday, Oct. 28. 

Ahead of this event, analysts project the semiconductor company to report a profit of $0.97 per share, down 30.2% from $1.39 per share in the year-ago quarter.  The company has consistently beaten Wall Street's earnings estimates in the last four quarters. Its adjusted earnings of $0.96 per share for the last quarter outpaced the consensus estimates by almost 4.4%. 

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