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Micron Technology (MU) Earnings Date, Estimates & Call Transcripts

$133.55
+3.32 (+2.55%)
(As of 07/12/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Sep. 25Estimated
Actual EPS
(Jun. 26)
$0.62 Beat By $0.14
Consensus EPS
(Jun. 26)
$0.48
Skip Charts & View Estimated and Actual Earnings Data

MU Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MU Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Micron Technology Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20243($1.22)($1.14)($1.17) - 1.000 - - 1.000
Q2 20243($1.02)($0.36)($0.77) - 0.350 - - 0.210
Q3 20243($0.67)$0.52($0.22)0.380 - 0.520
Q4 20243($0.13)$1.60$0.511.000 - 1.160
FY 202412($3.04)$0.62($1.65) 
Q1 20253$0.34$2.57$1.09 
Q2 20253$0.52$3.27$1.54 
Q3 20253$0.72$3.58$1.92 
Q4 20253$1.15$4.04$2.54 
FY 202512$2.73$13.46 $7.10

MU Earnings Date and Information

Micron Technology last posted its quarterly earnings results on June 26th, 2024. The semiconductor manufacturer reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.14. The company earned $6.81 billion during the quarter, compared to analysts' expectations of $6.67 billion. Its quarterly revenue was up 81.5% on a year-over-year basis. Micron Technology has generated ($1.42) earnings per share over the last year (($1.42) diluted earnings per share). Earnings for Micron Technology are expected to grow by 1,408.62% in the coming year, from $0.58 to $8.75 per share. Micron Technology has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, September 25th, 2024 based off prior year's report dates.

Micron Technology Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
9/25/2024
(Estimated)
------- 
6/26/2024Q3 2024$0.48$0.62+$0.14$0.56$6.67 billion$6.81 billion      
3/20/2024Q2 2024($0.2740)$0.42+$0.6940($0.17)$5.35 billion$5.82 billion      
12/20/2023Q4 2023($1.01)($0.95)+$0.06($1.12)$4.58 billion$4.73 billion      
9/27/2023Q3 2023($1.15)($1.07)+$0.08($1.11)$3.95 billion$4.01 billion    
6/28/2023Q2 2023($1.61)($1.43)+$0.18($1.41)$3.65 billion$3.75 billion      
3/28/2023Q2 2023($0.75)($1.91)($1.16)($1.94)$3.71 billion$3.69 billion      
12/21/2022Q1 2023($0.13)($0.15)($0.02)($0.12)$4.14 billion$4.09 billion      
9/29/2022Q4 2022$1.29$1.36+$0.07$1.37$6.78 billion$6.64 billion    
6/30/2022Q3 2022$2.33$2.50+$0.17$2.66$8.66 billion$8.64 billion    
3/29/2022Q2 2022$1.85$2.05+$0.20$2.10$7.53 billion$7.79 billion    
12/20/2021Q4 2021$2.11$2.16+$0.05$2.10$7.68 billion$7.69 billion    
9/27/2021Q3 2021$2.33$2.42+$0.09$2.35$8.21 billion$8.27 billion    
6/29/2021Q2 2021$1.71$1.88+$0.17$2.10$7.26 billion$7.42 billion    
3/30/2021Q1 2021$0.95$0.98+$0.03$1.27$6.23 billion$6.24 billion    
1/6/2021Q4 2020$0.71$0.78+$0.07$0.71$5.66 billion$5.77 billion    
9/29/2020Q3 2020$0.95$1.08+$0.13$1.13$5.54 billion$6.06 billion  
6/29/2020Q2 2020$0.71$0.82+$0.11$0.79$5.05 billion$5.44 billion    
3/25/2020Q1 2020$0.37$0.45+$0.08$0.42$4.69 billion$4.80 billion    
12/18/2019Q1 2020$0.47$0.48+$0.01$0.41$4.78 billion$5.14 billion    
9/26/2019Q3 2019$0.43$0.56+$0.13$0.51$4.56 billion$4.87 billion  

Micron Technology Earnings - Frequently Asked Questions

When is Micron Technology's earnings date?

Micron Technology has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, September 25th, 2024 based off last year's report dates. Learn more on MU's earnings history.

What guidance has Micron Technology issued on next quarter's earnings?

Micron Technology issued an update on its fourth quarter 2024 earnings guidance on Wednesday, June, 26th. The company provided earnings per share (EPS) guidance of 1.000-1.160 for the period, compared to the consensus estimate of 1.050. The company issued revenue guidance of $7.4 billion-$7.8 billion, compared to the consensus revenue estimate of $7.6 billion.

Did Micron Technology beat their earnings estimates last quarter?

In the previous quarter, Micron Technology (NASDAQ:MU) reported $0.62 earnings per share (EPS) to beat the analysts' consensus estimate of $0.48 by $0.14. Learn more on analysts' earnings estimate vs. MU's actual earnings.

How can I listen to Micron Technology's earnings conference call?

The conference call for Micron Technology's latest earnings report can be listened to online. Listen to Conference Call

How can I read Micron Technology's conference call transcript?

The conference call transcript for Micron Technology's latest earnings report can be read online. Read Transcript

How can I view Micron Technology's earnings report?

Micron Technology's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Micron Technology generate each year?

Micron Technology (NASDAQ:MU) has a recorded annual revenue of $15.54 billion.

How much profit does Micron Technology generate each year?

Micron Technology (NASDAQ:MU) has a recorded net income of -$5.83 billion. MU has generated -$1.42 earnings per share over the last four quarters.

What is Micron Technology's EPS forecast for next year?

Micron Technology's earnings are expected to grow from $0.58 per share to $8.75 per share in the next year, which is a 1,408.62% increase.


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This page (NASDAQ:MU) was last updated on 7/12/2024 by MarketBeat.com Staff

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