What's in Store for STMicroelectronics (STM) in Q1 Earnings?

Published on 25 Apr 2023 on Zacks via Yahoo Finance

What's in Store for STMicroelectronics (STM) in Q1 Earnings?

STMicroelectronics N.V. STM is scheduled to report first-quarter 2023 results on Apr 27.For the first quarter, the company expects net revenues of $4.2 billion at the mid-point.The consensus mark for earnings is pegged at 97 cents per share, indicating growth of 22.8% from the year-ago reported figure. The metric has moved 1% upward over the past 30 days.STM surpassed the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 13.3%.

STMicroelectronics N.V. Price and EPS Surprise

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