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GlobalFoundries (GFS) Reports Q1 Earnings: What Key Metrics Have to Say
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GlobalFoundries Inc. (GFS - Free Report) reported $1.63 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 3.1%. EPS of $0.40 for the same period compares to $0.34 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.62 billion, representing a surprise of +0.68%. The company delivered an EPS surprise of +14.29%, with the consensus EPS estimate being $0.35.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how GlobalFoundries performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Wafer shipment volume: 579 compared to the 561 average estimate based on three analysts.
Net revenue- End Markets- Smart Mobile Devices: $558 million compared to the $584.06 million average estimate based on four analysts. The reported number represents a change of -4.8% year over year.
Net revenue- End Markets- Automotive: $382 million compared to the $364.12 million average estimate based on four analysts. The reported number represents a change of +23.6% year over year.
Net revenue- End Markets- Home and Industrial IoT: $255 million versus $274.3 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -22.3% change.
Net revenue- End Markets- Communications Infrastructure & Datacenter: $230 million compared to the $219.88 million average estimate based on four analysts. The reported number represents a change of +32.2% year over year.
Shares of GlobalFoundries have returned +55.4% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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GlobalFoundries (GFS) Reports Q1 Earnings: What Key Metrics Have to Say
GlobalFoundries Inc. (GFS - Free Report) reported $1.63 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 3.1%. EPS of $0.40 for the same period compares to $0.34 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.62 billion, representing a surprise of +0.68%. The company delivered an EPS surprise of +14.29%, with the consensus EPS estimate being $0.35.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how GlobalFoundries performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for GlobalFoundries here>>>
Shares of GlobalFoundries have returned +55.4% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.