GLOBALFOUNDRIES-GlobalFoundries Inc. (GFS) Surpasses Q4 Earnings Estimates

GlobalFoundries Inc. (GFS) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of$ 0.45 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.22%. A quarter ago, it was expected that this company would post earnings of$ 0.33 per share when it actually produced earnings of $0.41, delivering a surprise of 24.24%.Over the last four quarters, the compa ...