Insights into Wolfspeed Q2 Earnings

Wolfspeed WOLF released its Q2 earnings on Wednesday, January 29, 2025 at 04:05 PM.

Here's what's important from the earnings announcement.

Wolfspeed beat estimated earnings by 5.0%, reporting an EPS of $-0.95 versus an estimate of $-1.0.

Revenue was down $27.90 million from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 39.0% drop in the share price the next day.

Here's a look at Wolfspeed's past performance:

Quarter	Q1 2025	Q4 2024	Q3 2024	Q2 2024
EPS Estimate	-1	-0.85	-0.64	-0.66
EPS Actual	-0.91	-0.89	-0.62	-0.55
Revenue Estimate	200.39M	201.19M	201.11M	206.36M
Revenue Actual	194.70M	200.70M	200.70M	208.40M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Wolfspeed management provided guidance for Q3 2025, expecting earnings between $-0.88 and $-0.76 per share.

To track all earnings releases for Wolfspeed visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar