GlobalFoundries Q4 EPS Seen Rising 2.2% to $0.47 While Revenues Slip 1.5%
Analysts forecast GlobalFoundries to report Q4 EPS of $0.47, up 2.2% year over year, on revenues of $1.8 billion, down 1.5%. Segment estimates include wafer fabrication revenue of $1.57 billion (-6.4%), non-wafer revenue of $233.1 million (+52.4%), and wafer shipments rising to 624 from 595 million.
1. Consensus EPS and Revenue Forecast
Analysts project Q4 EPS of $0.47 per share, marking a 2.2% increase from last year, on revenues of $1.8 billion, a 1.5% decline year over year. The unchanged EPS estimate over 30 days suggests stability in analyst outlook ahead of the earnings release.
2. Key Segment Revenue Projections
Wafer fabrication revenue is expected at $1.57 billion (-6.4%), supported by a forecasted 624 million wafer shipments versus 595 million last year. Non-wafer revenue is seen surging 52.4% to $233.1 million, while smart mobile and IoT end markets are projected to decline 6.9% and 20.5%, respectively.
3. End-Market and Shipment Trends
Automotive revenue is expected to edge up 0.8% to $417.3 million, and communications infrastructure and datacenter revenue to climb 7.9% to $183.39 million. Rising wafer shipments could help offset pricing pressures, with volume growth potentially sustaining utilization and margin recovery.