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Aditya Sarawgi

THE TRUTH ABOUT: What to expect from micron technology s next quarterly earnings report - The Untold Story

Micron Micron Technology MU

Boise, Idaho-based Micron Technology, Inc. (MU) is a semiconductor company that designs, develops, manufactures, and sells memory and storage products. With a market cap of $113.7 billion, Micron operates through Compute and Networking, Mobile, Embedded, and Storage business units. It is expected to announce its Q4 earnings on Wednesday, Sept. 25.

Ahead of the event, analysts expect Micron to report a profit of $0.97 per share, up 180.2% from a loss of $1.21 per share reported in the year-ago quarter. The company consistently surpassed Wall Street’s ESP estimates over the past four quarters. Its EPS for the last reported quarter amounted to $0.43, exceeding the consensus estimates by 13.2%.

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