Susquehanna Remains Positive After ON Semiconductor (ON) Reports In-Line Results

Go back to Susquehanna Remains Positive After ON Semiconductor (ON) Reports In-Line Results

Needham & Company Reiterates Buy Following ON Semiconductor's (ON) 3Q

October 30, 2015 11:58 AM EDT

Needham & Company maintained a Buy rating on ON Semiconductor (NASDAQ: ON), and cut the price target to $14.00 (from $17.00), following the company's 3Q earnings and 4Q outlook. Revenue of $904.2MM was slightly the Street's $906.8MM. NG EPS of $0.25 was in-line with consensus. Revenue guidance of $830-$870MM was ~4.7% below consensus forecasts but will... More

ON Semiconductor (ON) Reports In-Line Q3 EPS; Guides Q4 Revs Below the Street

October 29, 2015 4:31 PM EDT

ON Semiconductor (NASDAQ: ON) reported Q3 EPS of $0.23, in-line with the analyst estimate of $0.23. Revenue for the quarter came in at $904.2 million versus the consensus estimate of $906.75 million.

ON Semiconductor sees Q4 2015 revenue of $830-870 million, versus the consensus of $892.05 million.

"The current... More

UPDATE: Trading Radar for 10/29: Aetna (AET), LinkedIn (LNKD), Baidu (BIDU), ConocoPhillips (COP), MGM Resorts (MGM), Deckers (DECK) Report

October 28, 2015 2:53 PM EDT

(Updated - October 28, 2015 2:54 PM EDT)

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 264kContinuing Claims - Street sees 2.185MGDP: Adv. - Street sees 1.6%Chain Deflator: Adv. - Street sees 1.3%

Earnings:

A.H. Belo (NYSE: AHC) - no Street consensus
Aetna (NYSE: AET) - consensus EPS $1.77
Air Products (NYSE: APD) -... More