Investing.com - Wolfspeed (NYSE: WOLF) reported third quarter EPS of $-0.62, $0.01 better than the analyst estimate of $-0.63. Revenue for the quarter came in at $201M versus the consensus estimate of $201.15M.
Guidance
Wolfspeed sees Q4 2024 EPS of $-0.72 versus the analyst consensus of $-0.61.
Wolfspeed sees Q4 2024 revenue of $185.00M-$215.00M versus the analyst consensus of $225.80M.
Wolfspeed's stock price closed at $26.07. It is down -1.66% in the last 3 months and down -42.90% in the last 12 months.
Wolfspeed saw 4 positive EPS revisions and 9 negative EPS revisions in the last 90 days. See Wolfspeed's stock price’s past reactions to earnings here.
According to InvestingPro, Wolfspeed's Financial Health score is "weak performance".
Check out Wolfspeed's recent earnings performance, and Wolfspeed's financials here.
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