Don't miss out on the highly anticipated first quarter financial results of Wolfspeed (NYSE: WOLF) set to be unveiled on Wednesday 6th November 2024. Be prepared to seize this valuable opportunity to analyze the company's financial performance after market close.
Financial analysts on Wall Street are predicting that the firm is about to reveal an estimated $1.00 loss per share for the quarter. Additionally, the company is projected to announce a total revenue of $200.39 million for this period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $915.08 million. Additionally, they are expecting the company to achieve per share loss of $3.4 for the fiscal year.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of loss of $0.53. This was credited to the company's total revenue, which reached an impressive $197.4 million in that particular timeframe.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q4 2024 | $-0.89 | -111.9% | 200.70 M | -14.9% |
| Q3 2024 | $-0.62 | -376.9% | 200.70 M | -12.2% |
| Q2 2024 | $-0.55 | -400.0% | 208.40 M | -3.6% |
| Q1 2024 | $-0.53 | -1,225.0% | 197.40 M | -18.2% |
| Q4 2023 | $-0.42 | -2,000.0% | 235.80 M | +3.2% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 6th November 2024 at 05:00 PM eastern time to discuss Q1 financial results.
Friday's trading saw Wolfspeed (WOLF) shares hit a low of $13.10 and a high of $13.92, with a day volume of 7.72 million shares. The stock closed the regular trading session at $13.35, reflecting 0.30 percent rise.
