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STMicroelectronics Q2 2024 GAAP EPS $0.38 Misses $0.44 Estimate, Sales $3.232B Beat $3.202B Estimate

Author: Benzinga Newsdesk | July 25, 2024 01:02am
STMicroelectronics (NYSE:STM) reported quarterly earnings of $0.38 per share which missed the analyst consensus estimate of $0.44 by 13.64 percent. This is a 64.15 percent decrease over earnings of $1.06 per share from the same period last year. The company reported quarterly sales of $3.232 billion which beat the analyst consensus estimate of $3.202 billion by 0.94 percent. This is a 25.29 percent decrease over sales of $4.326 billion the same period last year.

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