Published on 5 May 2024 on Simply Wall St. via Yahoo Finance
Shareholders might have noticed that Wolfspeed, Inc. (NYSE:WOLF) filed its third-quarter result this time last week. The early response was not positive, with shares down 3.5% to US$25.33 in the past week. Revenues came in at US$201m, in line with expectations, while statutory losses per share were substantially higher than expected, at US$1.18 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
See our latest analysis for Wolfspeed
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