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GFS

Globalfoundries Inc.

$50.94

Earnings Summary

Revenue
$1549Mn
Net Profits
$133Mn
Net Profit Margins
8.59%
PE Ratio
32.12

Highlights

Revenue:

Globalfoundries Inc.’s revenue fell -15.86% since last year same period to $1549Mn in the Q1 2024. On a quarterly growth basis, Globalfoundries Inc. has generated -16.45% fall in its revenue since last 3-months.

Net Profits:

Globalfoundries Inc.’s net profit fell -47.64% since last year same period to $133Mn in the Q1 2024. On a quarterly growth basis, Globalfoundries Inc. has generated -51.99% fall in its net profits since last 3-months.

Net Profit Margins:

Globalfoundries Inc.’s net profit margin fell -37.77% since last year same period to 8.59% in the Q1 2024. On a quarterly growth basis, Globalfoundries Inc. has generated -42.53% fall in its net profit margins since last 3-months.

PE Ratio:

Globalfoundries Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 32.12.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Globalfoundries Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.23
EPS Estimate Current Year
0.23

Highlights

EPS Estimate Current Quarter:

Globalfoundries Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.23 - a -60.34% fall from last quarter’s estimates.

EPS Estimate Current Year:

Globalfoundries Inc.’s earning per share (EPS) estimates for the current year stand at 0.23.

Key Ratios

Key ratios of the Globalfoundries Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
0.31
Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.08

Highlights

Earning Per Share (EPS):

Globalfoundries Inc.’s earning per share (EPS) fell -40.38% since last year same period to 0.31 in the Q1 2024. This indicates that the Globalfoundries Inc. has generated -40.38% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Globalfoundries Inc.’s return on assets (ROA) stands at 0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Globalfoundries Inc.’s return on equity (ROE) stands at 0.08.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-07
0.23
0.31
34.78%