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GlobalFoundries (GFS) Earnings Date, Estimates & Call Transcripts

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$41.72 +0.42 (+1.02%)
(As of 12/20/2024 05:31 PM ET)

GlobalFoundries Latest Earnings Summary

Actual EPS
(Nov. 5)
$0.41 Beat By $0.08
Consensus EPS
(Nov. 5)
$0.33

GlobalFoundries announced Q3 2024 earnings on November 5, 2024, reporting an EPS of $0.41, which beat analysts' consensus estimates of $0.33 by $0.08. Quarterly revenue fell 6.1% year-over-year to $1.74 billion, above analyst estimates of $1.73 billion. With a trailing EPS of $1.34 and a P/E Ratio of 31.13, GlobalFoundries' earnings are expected to grow 15.57% next year, from $1.22 to $1.41 per share.

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GFS Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

GFS Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

GlobalFoundries Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$0.70$0.70$0.700.180 - 0.280
Q2 20242$0.74$0.82$0.780.240 - 0.340
Q3 20242$0.80$0.95$0.880.280 - 0.380
Q4 20241$0.85$0.85$0.850.390 - 0.510
FY 20246$3.09$3.32 $3.21

GlobalFoundries Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
11/5/2024Q3 2024$0.33$0.41+$0.08$0.32$1.73B$1.74B
8/6/2024Q2 2024$0.28$0.38+$0.10$0.30$1.61B$1.63B
5/7/2024Q1 2024$0.15$0.24+$0.09$0.24$1.52B$1.55B
2/13/2024Q4 2023$0.59$0.64+$0.05$0.60$1.85B$1.85B
11/7/2023Q3 2023$0.42$0.47+$0.05$0.49$1.85B$1.85B
8/8/2023Q2 2023$0.43$0.45+$0.02$0.47$1.83B$1.85B
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5/9/2023Q1 2023$0.42$0.47+$0.05$0.48$1.83B$1.84B
2/14/2023Q4 2022$1.27$1.37+$0.10$1.53$2.07B$2.10B

GlobalFoundries Earnings - Frequently Asked Questions

GlobalFoundries (NASDAQ:GFS) last announced its quarterly earning data on Tuesday, November 5, 2024. Learn more on GFS's earnings history.

GlobalFoundries updated its fourth quarter earnings guidance on Tuesday, November, 5th. The company provided earnings per share guidance of $0.39-0.51 for the period, compared to the consensus earnings per share estimate of $0.38. The company issued revenue guidance of $1.80-1.85 billion, compared to the consensus revenue estimate of $1.80 billion.

In the previous quarter, GlobalFoundries (NASDAQ:GFS) reported $0.41 earnings per share (EPS) to beat the analysts' consensus estimate of $0.33 by $0.08. Learn more on analysts' earnings estimate vs. GFS's actual earnings.

The conference call for GlobalFoundries's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for GlobalFoundries's latest earnings report can be read online.
Read Transcript

GlobalFoundries (NASDAQ:GFS) has a recorded annual revenue of $6.77 billion.

GlobalFoundries (NASDAQ:GFS) has a recorded net income of $1.02 billion. GFS has generated $1.34 earnings per share over the last four quarters.

GlobalFoundries (NASDAQ:GFS) has a trailing price-to-earnings ratio of 31.13 and a forward price-to-earnings ratio of 34.20. The price/earnings-to-growth ratio is 10.71.

GlobalFoundries's earnings are expected to grow from $1.22 per share to $1.41 per share in the next year, which is a 15.57% increase.

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This page (NASDAQ:GFS) was last updated on 12/22/2024 by MarketBeat.com Staff
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