Last Price$60.76NASDAQ Closing Price as of 3:59PM ET 7/13/20

Today's Change-2.25(3.57%)
Bid (Size)$60.80 (6)
Ask (Size)$65.24 (10)
Day Low / High$60.74 - 65.53
Volume1.8 M

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.