STMicroelectronics N.V. : A last slight adjustment to the end of the year is likely
>A fresh adjustment to the low end of the 2024 guidance is likely due to the lack of recovery in industry and auto, 2024-2026 EPS revised down ~7% - STM is due to publish its Q3 2024 results on 24 October (date to be confirmed). In the context of a continuation of weak demand in automotive and especially industry (where inventory corrections are taking their time...), Q3 2024 results should come in relatively close to expectations. The key point of this publication wi...STMicroelectronics is a global independent semiconductor company that designs, develops, manufactures and markets a broad range of semiconductor integrated circuits (“ICs”) and discrete devices. Co. offers a diversified product portfolio and develops products for a wide range of market applications, including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation and control systems. Within its diversified portfolio, Co. is focused on developing products that leverage its technological strengths in creating customized, system-level solutions with digital and mixed-signal content.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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