How did STM's Q4 earnings surprise impact its annual performance?

STMicroelectronics (STM) reported strong Q4 2024 earnings, with a net income of $1.57 billion. This performance had a significant impact on the company's annual earnings, contributing to a cumulative net income of $4.22 billion over the past four years.

1. **Q4 Earnings Contribution**: The Q4 2024 net income of $1.57 billion represents a substantial portion of STM's annual net income, indicating that the company's performance tends to peak in the fourth quarter.
2. **Annual Net Income Trend**: The cumulative net income for STM over the past four years shows a clear upward trend, starting from $2.01 billion in 2021 and increasing to $4.22 billion in 2024. This trend suggests that STM's annual performance has been improving consistently, with Q4 earnings playing a critical role in driving this growth.
3. **Implications for Financial Planning**: STM's experience over the past four years highlights the importance of planning and forecasting, particularly in the final quarter of the year. The company's strong Q4 performance often sets the tone for a robust annual financial outcome, which can inform strategic planning and investment decisions.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|STM|STM.N|STMicroelectronics|2021 Q1|92.10526315789474|3.65E8|169|
|STM|STM.N|STMicroelectronics|2021 Q2|353.8461538461538|4.13E8|169|
|STM|STM.N|STMicroelectronics|2021 Q3|95.88477366255144|4.76E8|169|
|STM|STM.N|STMicroelectronics|2021 Q4|28.81646655231561|7.51E8|169|
|STM|STM.N|STMicroelectronics|2022 Q1|104.38356164383562|7.46E8|169|
|STM|STM.N|STMicroelectronics|2022 Q2|110.41162227602905|8.69E8|169|
|STM|STM.N|STMicroelectronics|2022 Q3|131.30252100840337|1.101E9|169|
|STM|STM.N|STMicroelectronics|2022 Q4|66.57789613848203|1.251E9|169|
|STM|STM.N|STMicroelectronics|2023 Q1|40.21447721179624|1.046E9|169|
|STM|STM.N|STMicroelectronics|2023 Q2|15.420023014959725|1.003E9|169|