Last Price$45.39NASDAQ Previous Close - Last Trade as of 3:59PM ET 12/11/19

Today's Change+1.69(3.87%)
Bid (Size)$44.00 (2)
Ask (Size)$47.98 (20)
Day Low / High$44.00 - 45.55
Volume977.9 K

Cree's Consensus Outlook for Q2, 2020, and 2021 Earnings Decreased

2:16AM ET 11/02/2019 MT Newswires
Earnings Projections for Cree Inc's (NASDAQ:CREE, Recent Price: 47.73) Q2 ending December 31, 2019, and the full year expectations for 2020 and 2021 have been scaled down. The Q2 earnings estimate has been decreased to $-0.06 per share a reduction from the previous consensus of $-0.02 per share, while the estimate for 2020 has been decreased to $-0.08 per share from the consensus estimate of $0.10 per share and the full year 2021 estimate has also been reduced from $0.88 per share to $0.51 per share. This consensus estimate is based on 9 estimates used to calculate the Q2 forecast and 9 distributed estimates included in the full year forecasts for both 2020 and 2021.