Wolfspeed (WOLF) Reports Q4 Loss, Lags Revenue Estimates
WOLFWolfspeed(WOLF) ZACKS·2024-08-22 06:15

Wolfspeed (WOLF) came out with a quarterly loss of 0.89pershareversustheZacksConsensusEstimateofalossof0.89 per share versus the Zacks Consensus Estimate of a loss of 0.84. This compares to loss of 0.42pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−5.950.42 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.95%. A quarter ago, it was expected that this maker of energy-efficient lighting would post a loss of 0.64 per share when it actually produced a loss of $0.62, delivering a surprise of 3.13%.Over the last four quarters, the ...