Benzinga | Nov 1, 2021 08:07AM EDT

ON Semiconductor Q3 Adj. EPS $0.87 Beats $0.74 Estimate, Sales $1.74B Beat $1.71B Estimate

ON Semiconductor (NASDAQ:ON) reported quarterly earnings of $0.87 per share which beat the analyst consensus estimate of $0.74 by 17.57 percent. This is a 222.22 percent increase over earnings of $0.27 per share from the same period last year. The company reported quarterly sales of $1.74 billion which beat the analyst consensus estimate of $1.71 billion by 1.87 percent. This is a 32.27 percent increase over sales of $1.32 billion the same period last year.