Cree (CREE) Tops Q3 EPS by 3c

Cree (NASDAQ: CREE) reported Q3 EPS of $0.04, $0.03 better than the analyst estimate of $0.01. Revenue for the quarter came in at $356 million versus the consensus estimate of $354.01 million.

GUIDANCE:

Cree sees Q4 2018 EPS of $0.05-$0.09, versus the consensus of $0.08. Cree sees Q4 2018 revenue of $390-410 million, versus the consensus of $380.2 million.

For earnings history and earnings-related data on Cree (CREE) click here.

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