GlobalFoundries Inc. (GFS) Surpasses Q3 Earnings and Revenue Estimates

Core Insights - GlobalFoundries Inc. reported quarterly earnings of $0.41 per share, exceeding the Zacks Consensus Estimate of $0.38 per share, with an earnings surprise of +7.89% [1] - The company generated revenues of $1.69 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 0.75%, although this represents a decline from $1.74 billion in the same quarter last year [2] - GlobalFoundries has consistently surpassed consensus EPS estimates over the last four quarters, achieving this four times [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.47, with expected revenues of $1.83 billion, while the estimate for the current fiscal year is $1.63 on revenues of $6.77 billion [7] - The company's earnings outlook will be influenced by management's commentary during the earnings call, which is crucial for understanding future stock price movements [3][4] Industry Context - The Electronics - Semiconductors industry, to which GlobalFoundries belongs, is currently ranked in the top 33% of over 250 Zacks industries, indicating a favorable environment for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] Stock Performance - GlobalFoundries shares have underperformed the market, losing approximately 18.9% since the beginning of the year, compared to a 16.4% gain in the S&P 500 [3] - The current Zacks Rank for GlobalFoundries is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6]