Wolfspeed (WOLF) Reports Q4 Loss, Lags Revenue Estimates

Wolfspeed (WOLF) came out with a quarterly loss of $0.89 per share versus the Zacks Consensus Estimate of a loss of$ 0.84. This compares to loss of $0.42 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -5.95%. A quarter ago, it was expected that this maker of energy-efficient lighting would post a loss of$ 0.64 per share when it actually produced a loss of $0.62, delivering a surprise of 3.13%. Over the last four quarters, th ...