GlobalFoundries Inc. (GFS) Surpasses Q4 Earnings Estimates
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GlobalFoundries Inc. (GFS) reported Q4 earnings of $0.46 per share, surpassing the Zacks Consensus Estimate of $0.45 per share, but down from $0.64 per share a year ago.
February 11, 2025 | 2:30 pm
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GlobalFoundries Inc. reported Q4 earnings of $0.46 per share, slightly above the consensus estimate of $0.45, but lower than last year's $0.64.
The earnings beat the consensus estimate, which is generally positive for the stock price. However, the earnings are lower compared to the previous year, which may temper the positive impact. Overall, the slight beat is likely to have a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100