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StockNews.com downgraded shares of STMicroelectronics (NYSE:STM – Get Rating) from a strong-buy rating to a buy rating in a research report report published on Friday. STM has been the topic of several other research reports. Barclays assumed coverage on shares of STMicroelectronics in a research report on Tuesday, January 17th. They set an overweight rating […] ....
STMicroelectronics (NYSE:STM – Get Rating) issued its earnings results on Thursday. The semiconductor producer reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.13, Briefing.com reports. STMicroelectronics had a return on equity of 37.62% and a net margin of 25.30%. The firm had revenue of $4.25 billion for […] ....
STMicroelectronics (NYSE:STM – Get Rating)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $46.28, but opened at $42.71. STMicroelectronics shares last traded at $41.96, with a volume of 3,415,806 shares changing hands. Wall Street Analysts Forecast Growth STM has been the topic of several research reports. Sanford […] ....
STMicroelectronics (NYSE:STM – Get Rating) will post its quarterly earnings results before the market opens on Thursday, April 27th. Analysts expect STMicroelectronics to post earnings of $0.96 per share for the quarter. STMicroelectronics has set its Q1 2023 guidance at EPS and its FY 2023 guidance at EPS.Investors interested in registering for the company’s conference […] ....
Henry James International Management Inc. cut its position in STMicroelectronics (NYSE:STM – Get Rating) by 0.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 186,835 shares of the semiconductor producer’s stock after selling 756 shares during the quarter. STMicroelectronics makes up approximately 3.2% of […] ....