Should You Buy, Sell or Hold Micron Stock Ahead of Q4 Earnings?
MUMicron Technology(MU) ZACKS·2024-09-23 21:25

Micron Technology, Inc. (MU) is slated to report fourth-quarter fiscal 2024 results after market close on Sept. 25.The company projects fiscal fourth-quarter revenues of 7.6billion(+/7.6 billion (+/- 200 million). The Zacks Consensus Estimate for the top line is pegged at 7.64billion,whichimpliesstrongyearoveryeargrowthof90.57.64 billion, which implies strong year-over-year growth of 90.5%.Meanwhile, Micron estimates adjusted earnings of 1.08 (+/-8 cents). The consensus mark for the bottom line has been revised upward by 2 cents to $1.10 per share over the past 60 days ...