Cree (CREE) Tops Q3 EPS by 1c

Cree (NASDAQ: CREE) reported Q3 EPS of ($0.14), $0.01 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $215.5 million versus the consensus estimate of $216.06 million.

GUIDANCE:

Cree sees Q4 2020 EPS of ($0.15)-($0.23), versus the consensus of ($0.17). Cree sees Q4 2020 revenue of $185-215 million, versus the consensus of $203.6 million.

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

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