ON Semiconductor Set to Report Q4 EPS 62¢, Revenue $1.54B; Shares 4.9% Above 20-Day SMA
ON Semiconductor forecasts Q4 EPS of 62¢ on $1.54B revenue, following a 38.6% share rally over the past year. The company has beaten revenue estimates in three of four quarters and trades 4.9% above its 20-day and 20.3% above its 100-day moving averages.
1. Q4 Earnings Estimates
ON Semiconductor is expected to deliver EPS of 62¢ and revenue of $1.54 billion for Q4, following a trend of outperformance against consensus. Analysts will focus on whether the company can maintain its recent beat rate and uphold margin targets in a competitive environment.
2. Recent Quarter Performance
In the last reported quarter, ON posted EPS of 63¢ versus a 59¢ estimate and revenue of $1.55 billion against $1.51 billion expectations. This marks the third revenue beat in four quarters and underscores resilience in its key end markets.
3. Technical Trend Analysis
Shares are trading 4.9% above the 20-day simple moving average and 20.3% above the 100-day SMA, reflecting strong upward momentum. The RSI stands at neutral levels around 63, while a below-signal-line MACD suggests investors should watch for potential short-term pullbacks.
4. Key Operational Indicators
Investors should monitor order backlog and capacity utilization to gauge demand strength and production efficiency. Updates on pricing power will be critical, as shifts could materially impact profit margins amid ongoing industry competition.