GLOBALFOUNDRIES-GlobalFoundries Inc. (GFS) Q4 Earnings and Revenues Top Estimates

GlobalFoundries Inc. (GFS) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of$ 0.59 per share. This compares to earnings of $1.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.47%. A quarter ago, it was expected that this company would post earnings of$ 0.50 per share when it actually produced earnings of $0.55, delivering a surprise of 10%.Over the last four quarters, the company ...