ON Semiconductor Reports Third Quarter 2018 Results

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ON Semiconductor (ON) PT Lowered to $20 at Deutsche Bank

October 29, 2018 1:00 PM EDT

Deutsche Bank analyst Ross Seymore lowered the price target on ON Semiconductor (NASDAQ: ON) to $20.00 (from $23.00) while maintaining a Buy rating following "very strong" Q3 results.

In addition, Q4 guidance was "better than feared" but they move estimates to the low end of the... More

ON Semiconductor (ON) Tops Q3 EPS by 6c

October 28, 2018 3:25 PM EDT

ON Semiconductor (NASDAQ: ON) reported Q3 EPS of $0.57, $0.06 better than the analyst estimate of $0.51. Revenue for the quarter came in at $1.54 billion versus the consensus estimate of $1.51 billion.

"Our strong performance in the third quarter clearly demonstrates the strength of our business, even... More