Cree Inc CREE:NASDAQ

Last Price$44.58NASDAQ Previous Close - Last Trade as of 4:00PM ET 12/06/19
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Bid (Size)$43.40 (32)
Ask (Size)$44.62 (2)
Day Low / HighN/A - N/A
Volume1.1 M

Cree's 2020 and 2021 Forecast Reduced but Q2 Projection Scaled Up

1:26AM ET 11/01/2019 MT Newswires
Cree Inc's (NASDAQ:CREE, Recent Price: 48.12) consensus estimates for Q2 ending December 31, 2019, and the full year forecasts for 2020 and 2021 have been changed. The Q2 earnings estimate has been scaled up to $-0.02 per share up from the previous consensus forecast of $-0.05 per share, while the estimate for 2020 has been scaled down to $0.10 per share from the previous consensus forecast of $0.13 per share and the full year 2021 estimate has also been reduced from $0.91 per share to $0.88 per share. This consensus estimate is based on 9 estimates used to derive the Q2 forecast and 9 distributed estimates contained in the full year forecasts for both 2020 and 2021.