GLOBALFOUNDRIES-GlobalFoundries Inc. (GFS) Tops Q3 Earnings and Revenue Estimates

GlobalFoundries Inc. (GFS) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of$ 0.33 per share. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 24.24%. A quarter ago, it was expected that this company would post earnings of$ 0.29 per share when it actually produced earnings of $0.38, delivering a surprise of 31.03%.Over the last four quarters, the comp ...