Cree (CREE) Tops Q3 EPS by 4c; Guides Q1 Below

Cree (NASDAQ: CREE) reported Q3 EPS of $0.20, $0.04 better than the analyst estimate of $0.16. Revenue for the quarter came in at $274 million versus the consensus estimate of $274.52 million.

GUIDANCE:

Cree sees Q4 2019 EPS of $0.12-$0.16, versus the consensus of $0.20. Cree sees Q4 2019 revenue of $263-271 million, versus the consensus of $290.2 million.

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

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