Micron earnings beat by $0.06, revenue topped estimates

investing.com 18/12/2024 - 21:06 PM

Micron Earnings Report

Investing.com – Micron (NASDAQ: MU) reported first-quarter EPS of $1.79, exceeding the analyst estimate of $1.73. Revenue for the quarter stood at $8.71B, surpassing the consensus estimate of $8.68B.

Guidance

Micron projects Q2 2025 EPS between $1.33 and $1.53, compared to the analyst consensus of $1.97.
Expected revenue for Q2 2025 ranges from $7.70B to $8.10B, lower than the analyst consensus of $8.97B.

Micron's stock closed at $103.90, reflecting a 14.30% increase over the past three months and a 26.45% increase over the last year.

There were 16 positive EPS revisions and 8 negative revisions for Micron in the last 90 days. You can check Micron’s stock price reactions to earnings here.

According to InvestingPro, Micron's Financial Health score is classified as "fair performance".

For the latest on Micron's earnings performance and financials, visit here.

Stay informed about upcoming earnings reports by visiting Investing.com's earnings calendar.




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