What You Need To Know Ahead of Micron's Earnings Report
MUMicron Technology(MU) Investopedia·2024-09-25 20:20

  Analyst Estimates for Q4 2024 Q3 2024 Q4 2023Revenue$7.65 billion$6.81 billion $4.01 billionDiluted EPS (Loss)84 cents30 cents ($1.31)Net Income (Loss)$1 billion$332 million ($1.43 billion) Key Metric: Inventory Micron has grappled with growing inventories, and Citi analysts recently lowered their price target for the stock to $150 from $175, citing its high inventory and weakness in demand for legacy memory components. However, the analysts said inventory buildup could ease by the end of the year, add ...