$236.84 Million in Sales Expected for Cree, Inc. (NASDAQ:CREE) This Quarter
Wall Street analysts expect that Cree, Inc. (NASDAQ:CREE) will report sales of $236.84 million for the current quarter, according to Zacks Investment Research. Five analysts have provided estimates for Cree’s earnings, with the lowest sales estimate coming in at $234.00 million and the highest estimate coming in at $237.94 million. Cree posted sales of $413.04 million in the same quarter last year, which would indicate a negative year over year growth rate of 42.7%. The company is expected to announce its next quarterly earnings report on Wednesday, January 29th.
On average, analysts expect that Cree will report full year sales of $968.43 million for the current fiscal year, with estimates ranging from $952.30 million to $1.00 billion. For the next year, analysts anticipate that the com ...