Anticipating Micron Technology's Earnings Report

Reported 13 days ago

Micron Technology (MU) is scheduled to release its earnings report tomorrow, with analysts forecasting a significant year-over-year revenue growth of 90.5% to $7.64 billion. Despite a prior beat of revenue expectations last quarter, the company has faced challenges, missing Wall Street estimates three times in the past two years. The stock has seen a gradual decline leading up to the earnings announcement, and investors anticipate an adjusted earnings per share of $1.11.

Source: YAHOO

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