STM Gears Up to Report Q4 Earnings: What's in Store for the Stock?

STMicroelectronics (STM) is scheduled to report its fourth-quarter 2024 results on Jan. 30.Find the latest earnings estimates and surprises on Zacks Earnings Calendar.For the fourth quarter, the company expects net revenues of $3.32 billion at the midpoint. The Zacks Consensus Estimate for revenues is pegged at$3.32 billion, implying a 22.5% year-over-year decline.The consensus mark for earnings has remained unchanged over the past 60 days at 35 cents per share, indicating a decline of 69.3% from the year- ...