GlobalFoundries Inc. (GFS) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
GFSGLOBALFOUNDRIES(GFS) Zacks Investment Research·2024-02-13 23:36

GlobalFoundries Inc. (GFS) reported 1.85billioninrevenueforthequarterendedDecember2023,representingayearoveryeardeclineof11.81.85 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 11.8%. EPS of 0.64 for the same period compares to 1.44ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof1.44 a year ago. The reported revenue compares to the Zacks Consensus Estimate of 1.85 billion, representing a surprise of +0.21%. The company delivered an EPS surprise of +8.47%, with the consensus EPS estimate being $0.59. While investors closely watch year-over-year changes in headline numbers -- revenue and earnin ...