Investing.com - GlobalFoundries (NASDAQ: GFS) reported second quarter EPS of $0.38, $1.25 worse than the analyst estimate of $1.63. Revenue for the quarter came in at $1.63B versus the consensus estimate of $1.61B.
Guidance
GlobalFoundries sees Q3 2024 EPS of $0.28-$0.38 versus the analyst consensus of $0.35.
GlobalFoundries sees Q3 2024 revenue of $1.70B-$1.75B versus the analyst consensus of $1.72B.
GlobalFoundries's stock price closed at $44.77. It is down -13.24% in the last 3 months and down -24.31% in the last 12 months.
GlobalFoundries saw 0 positive EPS revisions and 11 negative EPS revisions in the last 90 days. See GlobalFoundries's stock price’s past reactions to earnings here.
According to InvestingPro, GlobalFoundries's Financial Health score is "good performance".
Check out GlobalFoundries's recent earnings performance, and GlobalFoundries's financials here.
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