Seeking Clues to Micron (MU) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics [Yahoo! Finance]
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Micron Technology, Inc. (MU)
Last micron technology, inc. earnings: 3/25 04:01 pm
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Source: Yahoo! Finance
increase of 135%. It is anticipated that revenues will amount to $6.7 billion, exhibiting an increase of 78.6% compared to the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 6.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock. While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights. Bearing this in mi
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News
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- Micron Technology, Inc. (NASDAQ: MU) had its price target lowered by analysts at UBS Group AG from $155.00 to $153.00. They now have a "buy" rating on the stock.MarketBeat
MU
Earnings
- 6/26/24 - Beat
MU
Sec Filings
- 6/27/24 - Form 144
- 6/27/24 - Form 10-Q
- 6/26/24 - Form 8-K
- MU's page on the SEC website