ON Semiconductor Guides Q2 Well Below Estimates - Update

RTTNews | 847 일 전
ON Semiconductor Guides Q2 Well Below Estimates - Update

(RTTNews) - While reporting financial results for the first quarter on Monday, ON Semiconductor Corp. (ON) provided earnings and revenue guidance for the second quarter of fiscal 2023.

For the second quarter, the company projects earnings in a range of $1.08 to $1.22 per share and adjusted earnings in a range of $1.14 to $1.28 per share on revenues between $1.975 billion and $2.075 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.06 per share on revenues of $1.93 billion for the quarter. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

After a weak start and a subsequent long spell in negative territory, the Switzerland market briefly moved slightly above the flat line in late afternoon trades on Monday, but quickly tumbled again to eventually settle on a weak note.
RTTNews | 3 시간 40 분 전
European Markets Close Weak After Cautious Session

European Markets Close Weak After Cautious Session

European stocks closed on a weak note on Monday after a cautious session as investors awaited key inflation data from major economies in the region, and looked for more details about U.S. - EU trade deal.
RTTNews | 4 시간 0 분 전
Canadian Market Down More Than 0.5% On Profit Taking

Canadian Market Down More Than 0.5% On Profit Taking

After opening slightly down, the Canadian market slipped deeper into the red on Monday, weighed down by losses in healthcare, consumer staples, utilities and materials sectors.
RTTNews | 4 시간 40 분 전