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Companies issue guidance, or expectations of future EPS and revenue, so investors have a sense of how much money a company will make in a future period.
The most recent guidance for Wolfspeed (WOLF) was reported on August 21, 2024 for Q1 2025. The company provided earnings per share guidance in the range of $-1.09 to $-0.90, compared to the estimated EPS of $-0.83. Additionally, Wolfspeed forecasted revenue between $0.19B and $0.22B for the quarter.
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