Wolfspeed (WOLF) Reports Q3 Loss, Misses Revenue Estimates
WOLFWolfspeed(WOLF) Zacks Investment Research·2024-05-02 07:01

Wolfspeed (WOLF) came out with a quarterly loss of 0.62pershareversustheZacksConsensusEstimateofalossof0.62 per share versus the Zacks Consensus Estimate of a loss of 0.64. This compares to loss of 0.13pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof3.120.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.12%. A quarter ago, it was expected that this maker of energy-efficient lighting would post a loss of 0.63 per share when it actually produced a loss of $0.55, delivering a surprise of 12.70%. Over the last four quarters, th ...