GlobalFoundries (GFS) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

GlobalFoundries Inc. (GFS) reported $1.63 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 11.5$0.38 for the same period compares to $0.53 a year ago. The reported revenue represents a surprise of +0.89$1.62 billion. With the consensus EPS estimate being $0.29, the EPS surprise was +31.03%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...