• Wolfspeed Inc WOLF.N, WOLF.K is expected to show a fall in quarterly revenue when it reports results on January 29 for the period ending December 31 2024

• The Durham North Carolina-based company is expected to report a 13.7% decrease in revenue to $179.904 million from $208.4 million a year ago, according to the mean estimate from 14 analysts, based on LSEG data.The company's guidance on November 6 2024, for the period ended December 31, was for revenue between $160.00 million and $200.00 million.

• ​LSEG's mean analyst estimate for Wolfspeed Inc is for a loss of $1.02 per share. The company's EPS guidance on November 6 2024, for the period ended December 31, was between $-1.14 and $-0.89

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 10 "hold" and 4 "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Wolfspeed Inc is $13.00​, above​ its last closing price of $6.67. ​​​

The company's guidance on November 6 2024 for the period ended December 31 was for gross profit margin between USD-6% and USD6%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated January 27 at 21:07 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)