Wolfspeed Sees Q1 2025 Adj. EPS $(1.09) - $(0.90) Vs $(0.84) Est.; Revenue $185M - $215M Vs $201.2M
Portfolio Pulse from Benzinga Newsdesk
Wolfspeed has provided guidance for Q1 2025, expecting adjusted EPS between $(1.09) and $(0.90), which is below the estimated $(0.84). Revenue is projected to be between $185M and $215M, compared to the estimated $201.2M.
August 21, 2024 | 8:12 pm
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NEGATIVE IMPACT
Wolfspeed's Q1 2025 guidance shows a potential earnings miss with EPS expected between $(1.09) and $(0.90), below the $(0.84) estimate. Revenue guidance is slightly below to slightly above expectations.
The guidance indicates a potential earnings miss, which is typically negative for stock prices. The revenue range is broad, but the midpoint is close to expectations, slightly mitigating the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100