STMicroelectronics (NYSE:STM) reported its Q4 earnings results on Thursday, January 27, 2022 at 01:00 AM.
Here's what investors need to know about the announcement.
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Earnings
STMicroelectronics beat estimated earnings by 20.59%, reporting an EPS of $0.82 versus an estimate of $0.68, which surprised analysts.
Revenue was up $321.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02, which was followed by a 1.79% drop in the share price the next day.
Here's a look at STMicroelectronics's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.53 | 0.37 | 0.37 | 0.56 |
| EPS Actual | 0.51 | 0.44 | 0.39 | 0.63 |
| Revenue Estimate | 3.21B | 2.89B | 2.92B | 3.14B |
| Revenue Actual | 3.20B | 2.99B | 3.02B | 3.23B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
