STMicroelectronics Q3 EPS $1.16 Beats $1.04 Estimate, Sales $4.32B Beat $4.24B Estimate

STMicroelectronics (NYSE:STM) reported quarterly earnings of $1.16 per share which beat the analyst consensus estimate of $1.04 by 11.54 percent. This is a 127.45 percent increase over earnings of $0.51 per share from

STMicroelectronics (NYSE:STM) reported quarterly earnings of $1.16 per share which beat the analyst consensus estimate of $1.04 by 11.54 percent. This is a 127.45 percent increase over earnings of $0.51 per share from the same period last year. The company reported quarterly sales of $4.32 billion which beat the analyst consensus estimate of $4.24 billion by 1.91 percent. This is a 35.16 percent increase over sales of $3.20 billion the same period last year.

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