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Market Overview

ON Semiconductor's Earnings Outlook


On Monday, February 01, ON Semiconductor (NASDAQ:ON) will release its latest earnings report. Decipher the announcement with Benzinga's help.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

ON Semiconductor EPS will likely be near $0.28 while revenue will be around $1.36 billion, according to analysts. ON Semiconductor earnings in the same period a year ago was $0.3 per share. Quarterly sales came in at $1.40 billion.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to match the consensus estimate when it reports Monday, EPS would have fallen 6.67%. Revenue would be down 3.0% on a year-over-year basis. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 0.20 0.02 0.15 0.32
EPS Actual 0.27 0.12 0.10 0.30
Revenue Estimate 1.27 B 1.18 B 1.29 B 1.37 B
Revenue Actual 1.32 B 1.21 B 1.28 B 1.40 B

Stock Performance

Shares of ON Semiconductor were trading at $35.25 as of January 28. Over the last 52-week period, shares are up 74.88%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. ON Semiconductor is scheduled to hold the call at 09:00:00 ET and can be accessed here.


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Posted-In: BZI-EPEarnings