GLOBALFOUNDRIES (NASDAQ:GFS – Get Free Report) is scheduled to be announcing its earnings results before the market opens on Tuesday, August 6th. Analysts expect the company to announce earnings of $0.29 per share for the quarter. GLOBALFOUNDRIES has set its Q2 guidance at $0.24-$0.34 EPS.Investors that are interested in participating in the company’s conference call can do so using this link.
GLOBALFOUNDRIES (NASDAQ:GFS – Get Free Report) last issued its quarterly earnings data on Tuesday, May 7th. The company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.09. The firm had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.52 billion. GLOBALFOUNDRIES had a return on equity of 8.78% and a net margin of 12.66%. On average, analysts expect GLOBALFOUNDRIES to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
GLOBALFOUNDRIES Price Performance
Shares of GFS opened at $45.47 on Monday. GLOBALFOUNDRIES has a 12 month low of $45.15 and a 12 month high of $62.61. The company has a market cap of $25.09 billion, a P/E ratio of 28.07, a PEG ratio of 4.52 and a beta of 1.56. The stock has a fifty day moving average price of $51.17 and a 200 day moving average price of $52.06. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.18 and a quick ratio of 1.59.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on GFS
GLOBALFOUNDRIES Company Profile
GLOBALFOUNDRIES Inc operates as a semiconductor foundry worldwide. The company manufactures a range of semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units; and offers mainstream wafer fabrication services and technologies.
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