GlobalFoundries Inc expected to post earnings of 44 cents a share - Earnings Preview
GlobalFoundries Inc expected to post earnings of 44 cents a share - Earnings Preview
GlobalFoundries Inc GFS.OQ GFS.O is expected to show a rise in quarterly revenue when it reports results on August 5 for the period ending June 30 2026
The Malta New York-based company is expected to report a 4.5% increase in revenue to $1.765 billion from $1.69 billion a year ago, according to the mean estimate from 15 analysts, based on LSEG data.The company's guidance on May 5 2026, for the period ended June 30, was for revenue between 1.74 billion and 1.79 billion.
LSEG's mean analyst estimate for GlobalFoundries Inc is for earnings of 44 cents per share. The company's EPS guidance on May 5 2026, for the period ended June 30, was between 0.38 and 0.48
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for GlobalFoundries Inc is $80.00, about 60% above its last closing price of $49.99
The company's guidance on May 5 2026 for the period ended June 30 was for Earnings before Interest and Taxes between 239.43 million and 312.375 million.The company's guidance on May 5 2026 for the period ended June 30 was for gross profit margin between 27.5% and 29.5%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2026 | 0.35 | 0.34 | 0.40 | Beat | 18.8 |
Dec. 31 2026 | 0.47 | 0.47 | 0.55 | Beat | 17.6 |
Sep. 30 2025 | 0.38 | 0.37 | 0.41 | Beat | 9.8 |
Jun. 30 2025 | 0.35 | 0.35 | 0.42 | Beat | 18.4 |
Mar. 31 2025 | 0.29 | 0.29 | 0.34 | Beat | 17.7 |
Dec. 31 2024 | 0.45 | 0.44 | 0.46 | Beat | 3.5 |
Sep. 30 2024 | 0.33 | 0.33 | 0.41 | Beat | 26 |
Jun. 30 2024 | 0.29 | 0.28 | 0.38 | Beat | 34.7 |
This summary was machine generated August 3 at 14:03 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)