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Micron is the first chipmaker to report quarterly results this earnings season. Its report provides an initial look at how the semiconductor sector is faring amid high expectations from Wall Street.
The bottom-line expectation is lower than Wall Street's estimate of $1.91 per share, but the fact that Micron's bottom line is on track to jump by 240% year over year in the current quarter cannot ...
For its fiscal first quarter, Micron's earnings per share of $1.79 surpassed the expected $1.76, while its revenue of $8.7 billion was in line with forecasts, according to Bloomberg consensus ...
Micron's slide comes after the company reported strong earnings, including an 84% rise in revenue to $8.71 billion for the quarter, meeting analysts' expectations. Earnings per share came in at $1 ...
MU earnings call for the period ending September 30, 2024. ... Lower-than-expected automotive unit production, combined with a shift toward value-trim vehicles from premium models and EVs, has ...
Even better, analysts are expecting Micron's revenue in fiscal 2025 to jump by 52% to $38.2 billion, while earnings are expected to shoot up to $8.93 per share from last year's reading of $1.30 ...
The Boise, Idaho-based company announced second-quarter GAAP net income of $3.31 billion, or $2.67 per diluted share. Adjusted earnings came in at $3.50 billion, or $2.82 per share, which was 8 ...
From a valuation perspective, Micron's stock appears pretty cheap, trading at a forward price to earnings (P/E) multiple of just over 12 based on analyst estimates of $9.05 for the current fiscal ...