Cree Inc. (CREE) Misses Q3 EPS Views; Guides Q4

April 19, 2011 4:00 PM EDT
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Price: $79.12 --0%

Financial Fact:
Net income: 152K

Today's EPS Names:
SURG, PASG, CIRC, More
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Cree Inc. (NASDAQ: CREE) reported Q3 EPS of $0.27, $0.02 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $219.2 million versus the consensus estimate of $217.43 million.

Sees Q4 adj-EPS 0.25 - 0.30 and sales of $225 - $245 million. Consensus sees EPS of $0.36 and revs of $243.79 million.


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Earnings, Guidance