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GlobalFoundries (GFS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
GFSGLOBALFOUNDRIES(GFS) ZACKS·2024-11-05 15:36

GlobalFoundries Inc. (GFS) reported 1.74billioninrevenueforthequarterendedSeptember2024,representingayearoveryeardeclineof6.11.74 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 6.1%. EPS of 0.41 for the same period compares to 0.55ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.55 a year ago.The reported revenue compares to the Zacks Consensus Estimate of 1.73 billion, representing a surprise of +0.78%. The company delivered an EPS surprise of +24.24%, with the consensus EPS estimate being $0.33.While investors closely watch year-over-year changes in headline numbers -- revenue and earning ...