Report
Stephane Houri

STMicroelectronics N.V. : Are we too severe, is the consensus too high, or both?

>Consensus probably too high for Q2 and 2020 - STMicroelectronics is due to report its Q1 2020 results tomorrow morning before the market opens followed by a conference call at 9.30 a.m. CET. While we think that the Q1 results will not harbour any surprises (lower end of the guidance range), an analysis of the more recent Infront consensus makes us wonder whether it will adjust for Q2 and 2020. Are we too severe in our vision of Q2 (-20% q-o-q) and the full year (-9%)...
Underlying
STMicroelectronics NV

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Stephane Houri

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch