GLOBALFOUNDRIES (GFS) Earnings Date, Estimates & Call Transcripts

$51.75

+0.81 (+1.59%)

(As of 07/26/2024 ET)

Upcoming Earnings Date: Aug. 6
Before Market Opens
Confirmed
Actual EPS (May. 7): $0.24 Beat By $0.09
Consensus EPS (May. 7): $0.15

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.

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GLOBALFOUNDRIES Analyst EPS Estimates

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate	Company Guidance
Q1 2024	1	$0.70	$0.70	$0.70	0.180 - 0.280
Q2 2024	2	$0.74	$0.82	$0.78	0.240 - 0.340
Q3 2024	2	$0.80	$0.95	$0.88
Q4 2024	1	$0.85	$0.85	$0.85
FY 2024	6	$3.09	$3.32		$3.21

GFS Earnings Date and Information

GLOBALFOUNDRIES last posted its earnings results on May 7th, 2024. The reported $0.24 earnings per share for the quarter, topping analysts' consensus estimates of $0.15 by $0.09. The firm had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.52 billion. GLOBALFOUNDRIES has generated $1.62 earnings per share over the last year ($1.62 diluted earnings per share) and currently has a price-to-earnings ratio of 31.9. Earnings for GLOBALFOUNDRIES are expected to grow by 88.68% in the coming year, from $1.06 to $2.00 per share. GLOBALFOUNDRIES has confirmed that its next quarterly earnings report will be published on Tuesday, August 6th, 2024. GLOBALFOUNDRIES will be holding an earnings conference call on Tuesday, August 6th at 8:30 AM Eastern. Interested parties can register for or listen to the call..

GLOBALFOUNDRIES Earnings History by Quarter

Time Frame

Start Date

End Date

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Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
8/6/2024 (Confirmed)	-	-	-	-	-	-	-
5/7/2024	Q1 2024	$0.15	$0.24	+$0.09	$0.24	$1.52 billion	$1.55 billion
2/13/2024	Q4 2023	$0.59	$0.64	+$0.05	$0.60	$1.85 billion	$1.85 billion
11/7/2023	Q3 2023	$0.42	$0.47	+$0.05	$0.49	$1.85 billion	$1.85 billion
8/8/2023	Q2 2023	$0.43	$0.45	+$0.02	$0.47	$1.83 billion	$1.85 billion
5/9/2023	Q1 2023	$0.42	$0.47	+$0.05	$0.48	$1.83 billion	$1.84 billion
2/14/2023	Q4 2022	$1.27	$1.37	+$0.10	$1.53	$2.07 billion	$2.10 billion
Get the Latest News and Ratings for GFS and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for GLOBALFOUNDRIES and its competitors with MarketBeat's FREE daily newsletter.
11/8/2022	Q3 2022	$0.54	$0.61	+$0.07	$0.61	$2.05 billion	$2.07 billion
8/9/2022	Q2 2022	$0.34	$0.48	+$0.14	$0.48	$1.97 billion	$1.99 billion
5/10/2022	Q1 2022	$0.14	$0.33	+$0.19	$0.33	$1.90 billion	$1.94 billion
2/8/2022	Q4 2021	$0.04	$0.08	+$0.04	$0.08	$1.81 billion	$1.85 billion
11/30/2021	Q3 2021	($0.05)	$0.01	+$0.06	$0.01	$1.70 billion	$1.70 billion

GLOBALFOUNDRIES Earnings - Frequently Asked Questions

When is GLOBALFOUNDRIES's earnings date?: GLOBALFOUNDRIES has confirmed that its next quarterly earnings data will be published on Tuesday, August 6th, 2024. Learn more on GFS's earnings history.
What guidance has GLOBALFOUNDRIES issued on next quarter's earnings?: GLOBALFOUNDRIES issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of 0.240-0.340 for the period, compared to the consensus earnings per share estimate of 0.280. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion.
Did GLOBALFOUNDRIES beat their earnings estimates last quarter?: In the previous quarter, GLOBALFOUNDRIES (NASDAQ:GFS) reported $0.24 earnings per share (EPS) to beat the analysts' consensus estimate of $0.15 by $0.09. Learn more on analysts' earnings estimate vs. GFS's actual earnings.
How much revenue does GLOBALFOUNDRIES generate each year?: GLOBALFOUNDRIES (NASDAQ:GFS) has a recorded annual revenue of $7.39 billion.
How much profit does GLOBALFOUNDRIES generate each year?: GLOBALFOUNDRIES (NASDAQ:GFS) has a recorded net income of $1.02 billion. GFS has generated $1.62 earnings per share over the last four quarters.
What is GLOBALFOUNDRIES's price-to-earnings ratio?: GLOBALFOUNDRIES (NASDAQ:GFS) has a trailing price-to-earnings ratio of 31.94 and a forward price-to-earnings ratio of 48.82. The price/earnings-to-growth ratio is 4.86.
What is GLOBALFOUNDRIES's EPS forecast for next year?: GLOBALFOUNDRIES's earnings are expected to grow from $1.06 per share to $2.00 per share in the next year, which is a 88.68% increase.