Previous close | 42.60 |
Open | 41.74 |
Bid | 41.43 x 1000 |
Ask | 41.44 x 1000 |
Day's range | 41.26 - 41.83 |
52-week range | 37.21 - 55.85 |
Volume | |
Avg. volume | 3,459,988 |
Market cap | 37.293B |
Beta (5Y monthly) | 1.37 |
PE ratio (TTM) | 9.29 |
EPS (TTM) | 4.46 |
Earnings date | N/A |
Forward dividend & yield | 0.36 (0.85%) |
Ex-dividend date | 25 June 2024 |
1y target est | 47.38 |
STMicroelectronics N.V. (NYSE:STM) Q1 2024 Earnings Call Transcript April 25, 2024 STMicroelectronics N.V. misses on earnings expectations. Reported EPS is $0.544 EPS, expectations were $0.59. STMicroelectronics N.V. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Ladies and gentlemen, welcome to […]
European chipmaker STMicroelectronics on Thursday lowered its full-year sales guidance, the latest semiconductor company to struggle with weakening demand from carmakers and a further decline in orders from laptop and phone companies. Shares fell as much as 3.5% in early trade, but then reversed course, with analysts noting that the poor outlook had been expected. The company, whose clients include Tesla and Apple , said it expects revenue in the range of $14 billion to $15 billion for 2024, down from its previous forecast range of $15.9 billion to $16.9 billion.
(Reuters) -European chipmaker STMicroelectronics on Thursday lowered its full-year sales guidance, the latest semiconductor company to struggle with weakening demand from carmakers and a further decline in orders from laptop and phone companies. Shares fell as much as 3.5% in early trade, but then reversed course, with analysts noting that the poor outlook had been expected. The company, whose clients include Tesla and Apple, said it expects revenue in the range of $14 billion to $15 billion for 2024, down from its previous forecast range of $15.9 billion to $16.9 billion.