Cree will report their numbers later today. Recall that Cree sold their lighting division to Ideal Industries in 2019, but Cree still owns their LED component business. The StreetAccount consensus is for Cree to report Q4 revenue at $198.6M vs guidance of $185M-215M. Of that revenue, Wolfspeed should be $105.9M and LED $91.7M. The estimate is for EPS at ($0.19) vs guidance of ($0.15)- ($0.23).
Developing…