ON Semiconductor Guides Q2 Well Below Estimates - Update
RTTNews
|
44 일 전
(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 2024.
For the second quarter, the company projects earnings in a range of $0.82 to $0.94 per share and adjusted earnings in a range of $0.86 to $0.98 per share on revenues between $1.68 billion and $1.78 billion.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.01 per share on revenues of $1.83 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
ON Semiconductor Guides Q2 Well Below Estimates - Update
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.
RTTNews
|
408 일 전
ON Semiconductor Guides Q1 Well Below Estimates; Approves $3 Bln Share Buyback - Update
While reporting financial results for the fourth quarter on Monday, ON Semiconductor Corp. (ON) provided earnings and revenue guidance for the first quarter of fiscal 2023.
RTTNews
|
492 일 전
ON Semiconductor Guides Q3 Revenues Well Above Estimates - Update
While reporting financial results for the second quarter on Monday, ON Semiconductor Corp. (ON) provided earnings and revenue guidance for the third quarter.
RTTNews
|
681 일 전
Fed Leaves Interest Rates Unchanged, Forecasts Just One Rate Cut This Year
While announcing its widely expected decision to leave interest rates unchanged on Wednesday, the Federal Reserve also revealed officials now expect only one interest rate cut this year. In support of its goals of maximum employment and inflation at the rate of 2 percent over the longer run, the Fed said it decided to maintain the target range for the federal funds rate at 5.25 to 5.50 percent.
RTTNews
|
4 시간 24 분 전
Swiss Market Ends On Firm Note
The Switzerland market shrugged off a slightly weak start and climbed higher on Wednesday after soft inflation data from the U.S. raised hopes the Federal Reserve will reduce interest rate a couple of times this year.
RTTNews
|
5 시간 23 분 전
European Stocks Close Higher As Soft U.S. Inflation Data Aids Sentiment
European stocks closed higher on Wednesday after softer than expected U.S. consumer price inflation data helped ease concerns about the outlook for interest rate.
RTTNews
|
5 시간 45 분 전
U.S. Dollar Drops As Slowing Inflation Lifts Rate Cut Hopes
The U.S. dollar weakened against its major counterparts in the New York session on Wednesday, as inflation came in lower than expected in May, reviving hopes for a rate cut by the Federal Reserve in September.
RTTNews
|
6 시간 5 분 전
Canadian Stocks Up In Positive Territory As Investors Cheer Tame U.S. CPI Data
Canadian stocks are up in positive territory around noon on Wednesday amid renewed optimism about the outlook for Federal Reserve's interest rates after data showed U.S. consumer price inflation came in unchanged in May, as against expectations of a 0.1% rise.
RTTNews
|
6 시간 51 분 전