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GlobalFoundries (GFS) Reports Q2 Earnings: What Key Metrics Have to Say
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For the quarter ended June 2026, GlobalFoundries Inc. (GFS - Free Report) reported revenue of $1.79 billion, up 5.8% over the same period last year. EPS came in at $0.46, compared to $0.42 in the year-ago quarter.
The reported revenue represents a surprise of +1.42% over the Zacks Consensus Estimate of $1.76 billion. With the consensus EPS estimate being $0.44, the EPS surprise was +4.55%.
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: 625 versus the three-analyst average estimate of 605.
Net revenue- End Markets- Smart Mobile Devices: $644 million compared to the $619.34 million average estimate based on four analysts. The reported number represents a change of -5.7% year over year.
Net revenue- End Markets- Automotive: $333 million compared to the $385.69 million average estimate based on four analysts. The reported number represents a change of -9.5% year over year.
Net revenue- End Markets- Home and Industrial IoT: $331 million compared to the $292.35 million average estimate based on four analysts. The reported number represents a change of +10.3% year over year.
Net revenue- End Markets- Communications Infrastructure & Datacenter: $277 million versus $252.83 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +62% change.
Shares of GlobalFoundries have returned -21% over the past month versus the Zacks S&P 500 composite's +3.5% 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.
View the Zacks #1 Rank List
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GlobalFoundries (GFS) Reports Q2 Earnings: What Key Metrics Have to Say
For the quarter ended June 2026, GlobalFoundries Inc. (GFS - Free Report) reported revenue of $1.79 billion, up 5.8% over the same period last year. EPS came in at $0.46, compared to $0.42 in the year-ago quarter.
The reported revenue represents a surprise of +1.42% over the Zacks Consensus Estimate of $1.76 billion. With the consensus EPS estimate being $0.44, the EPS surprise was +4.55%.
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 -21% over the past month versus the Zacks S&P 500 composite's +3.5% 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.