Wolfspeed Inc expected to post a loss of 82 cents a share - Earnings Preview

Wolfspeed (Pre-Reincorporation)

25/04/2025 12:22

Wolfspeed Inc WOLF.N, WOLF.K is expected to show a fall in quarterly revenue when it reports  results on April 29 (estimated) for the period ending March 31 2025

The Durham North Carolina-based  company is expected to report a 7.4% decrease in revenue to $185.948 million from $200.7 million a year ago, according to the mean estimate from 10 analysts, based on LSEG data.The company's guidance on March 28 2025, for the period ended March 31, was for revenue between $170.00 million and $200.00 million.

‚ÄčLSEG's mean analyst estimate for Wolfspeed Inc is for a loss of 82 cents per share. The company's EPS guidance on March 28 2025, for the period ended March 31, was between $-0.88 and $-0.76

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 7 "hold" and 4 "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ‚Äč

Wall Street's median 12-month price target for Wolfspeed Inc is $7.00‚Äč, above‚Äč its last closing price of $3.14. ‚Äč‚Äč‚Äč

The company's guidance on March 28 2025 for the period ended March 31 was for gross profit margin between USD-3% and USD7%.

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
-1.02
-1.02
-0.95
Beat
7.3
Sep. 30 2024
-0.98
-1.00
-0.91
Beat
8.9
Jun. 30 2024
-0.88
-0.85
-0.89
Missed
-5‚Äč
Mar. 31 2024
-0.63
-0.64
-0.62
Beat
3.2
‚Äč‚ÄčDec. 31 2023
-0.66
-0.66
-0.55
Beat
16.2
Sep. 30 2023
-0.67
-0.67
-0.53
Beat
20.9‚Äč
Jun. 30 2023
-0.20
-0.20
-0.42
Missed
-110
Mar. 31 2023
-0.15
-0.15
-0.13
Beat
12.6

This summary was machine generated April 25 at 11:22 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)