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Market Impact: 0.32

GlobalFoundries Inc. (GFS) Beats Q1 Earnings and Revenue Estimates

GFS
Corporate EarningsAnalyst EstimatesCompany Fundamentals

GlobalFoundries reported quarterly EPS of $0.40, beating the Zacks Consensus Estimate of $0.35 by $0.05, or about 14%. Earnings also improved from $0.34 per share a year ago. The result is a modest positive for the stock, though the article does not include revenue, guidance, or other operating detail.

Analysis

GlobalFoundries reported quarterly EPS of $0.40, beating the Zacks Consensus Estimate of $0.35 by $0.05, or about 14%. Earnings also improved from $0.34 per share a year ago. The result is a modest positive for the stock, though the article does not include revenue, guidance, or other operating detail.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.36

Ticker Sentiment

GFS0.44