STMicroelectronics (NYSE:STM) is scheduled to issue its quarterly earnings data before the market opens on Thursday, October 24th. Analysts expect the company to announce earnings of $0.30 per share for the quarter. STMicroelectronics has set its Q3 2019 guidance at EPS.Parties that are interested in registering for the company’s conference call can do so using this link.
STMicroelectronics (NYSE:STM) last announced its quarterly earnings data on Thursday, July 25th. The semiconductor producer reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.02). The company had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.11 billion. STMicroelectronics had a net margin of 11.94% and a return on equity of 17.59%. The business’s quarterly revenue was down 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.29 EPS. On average, analysts expect STMicroelectronics to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of STM opened at $21.06 on Wednesday. The stock has a 50-day simple moving average of $19.77 and a 200-day simple moving average of $17.96. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.90 and a current ratio of 2.77. The stock has a market capitalization of $18.87 billion, a PE ratio of 14.73, a PEG ratio of 4.13 and a beta of 1.36. STMicroelectronics has a 1 year low of $12.00 and a 1 year high of $21.65.
STMicroelectronics N.V., together with its subsidiaries, develops, manufactures, and markets semiconductor products worldwide. It operates through Automotive and Discrete Group; Analog, MEMS and Sensors Group; and Microcontrollers and Digital ICs Group segments. The company offers a range of products, including discrete and standard commodity components, application-specific integrated circuits, full-custom and semi-custom devices, and application-specific standard products for analog, digital, and mixed-signal applications, as well as silicon chips and smartcards.
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