ON Semiconductor (NASDAQ:ON) Q2 Non-GAAP Earnings Drop, Revenue Flat; Sets Q3 Guidance

ON Semiconductor (NASDAQ:ON) reported Q2 non-GAAP earnings  of $1.33 per diluted share, down from $1.34 a year earlier. Analysts polled by Capital IQ expected $1.21. Revenue for the quarter ended June 30 was $2.09 billion, flat compared with a year earlier. Analysts surveyed by Capital IQ expected $2.02 billion. The company said it expects Q3 non-GAAP EPS of $1.27 to $1.41 on revenue of $2.1 billion to $2.2 billion. Analysts polled by Capital IQ are looking for $1.21 and $2.06 billion, respectively.

ON Semiconductor (NASDAQ:ON) Q2 Non-GAAP Earnings Drop, Revenue Flat; Sets Q3 Guidance Read Post »

Procter & Gamble (NYSE:PG) Fiscal Q4 Non-GAAP Earnings, Net Sales Rise; Fiscal 2024 Guidance Issued

Procter & Gamble Co. (NYSE:PG) reported fiscal Q4 non-GAAP earnings  of $1.37 per diluted share, up from $1.21 per share a year earlier. Analysts polled by Capital IQ expected adjusted EPS of $1.32. Net sales for the quarter ended June 30 were $20.55 billion, compared with $19.52 billion a year earlier. Analysts surveyed by Capital IQ expected $19.32 billion. For fiscal 2024, the company expects EPS to be between $6.25 and $6.43. Analysts polled by Capital IQ expect EPS of $6.40. All-in sales growth for the fiscal year is projected to be 3% to 4%, while organic sales growth is expected to come in between 4% and 5%.

Procter & Gamble (NYSE:PG) Fiscal Q4 Non-GAAP Earnings, Net Sales Rise; Fiscal 2024 Guidance Issued Read Post »

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