STMicroelectronics Q4 EPS $1.14 Beats $0.95 Estimate, Sales $4.28B Miss $4.31B Estimate

Author: Benzinga Newsdesk | January 25, 2024 02:04am
STMicroelectronics (NYSE:STM) reported quarterly earnings of $1.14 per share which beat the analyst consensus estimate of $0.95 by 20 percent. This is a 13.64 percent decrease over earnings of $1.32 per share from the same period last year. The company reported quarterly sales of $4.28 billion which missed the analyst consensus estimate of $4.31 billion by 0.70 percent. This is a 3.21 percent decrease over sales of $4.42 billion the same period last year.

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