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

Micron Technology logo
$98.37 +0.64 (+0.65%)
(As of 11/20/2024 ET)

Micron Technology Latest Earnings Summary

Upcoming Q1
Earnings Date
Dec. 18Estimated
Actual EPS
(Sep. 25)
$1.18 Beat By $0.21
Consensus EPS
(Sep. 25)
$0.97

Micron Technology released Q4 2024 earnings on September 25, 2024, reporting an EPS of $1.18, which topped the consensus estimate of $0.97 by $0.21. Quarterly revenue rose 93.3% year-over-year to $7.75 billion, above analysts' expectations of $7.65 billion. With a trailing EPS of $0.68 and a P/E Ratio of 144.66, Micron Technology's earnings are expected to grow 51.38% next year, from $8.31 to $12.58 per share.

MU Upcoming Earnings

Micron Technology's next earnings date is estimated for Wednesday, December 18, 2024, based off prior year's reporting schedules.

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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-$0.220.380 - 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$1.31$0.671.660 - 1.820
Q2 20253$0.52$1.32$0.89 
Q3 20253$0.72$1.68$1.29 
Q4 20253$1.15$2.54$2.04 
FY 202512$2.73$6.85 $4.89

Micron Technology Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
12/18/2024
(Estimated)
------- 
9/25/2024Q4 2024$0.97$1.18+$0.21$1.19$7.65B$7.75B        
6/26/2024Q3 2024$0.48$0.62+$0.14$0.56$6.67B$6.81B          
3/20/2024Q2 2024-$0.2740$0.42+$0.6940-$0.17$5.35B$5.82B          
12/20/2023Q4 2023-$1.01-$0.95+$0.06-$1.12$4.58B$4.73B          
9/27/2023Q3 2023-$1.15-$1.07+$0.08-$1.11$3.95B$4.01B        
6/28/2023Q2 2023-$1.61-$1.43+$0.18-$1.41$3.65B$3.75B          
3/28/2023Q2 2023-$0.75-$1.91 -$1.16-$1.94$3.71B$3.69B          
12/21/2022Q1 2023-$0.13-$0.15 -$0.02-$0.12$4.14B$4.09B          

Micron Technology Earnings - Frequently Asked Questions

Micron Technology has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, December 18th, 2024 based off last year's report dates. Learn more on MU's earnings history.

Micron Technology issued an update on its first quarter 2025 earnings guidance on Wednesday, September, 25th. The company provided earnings per share (EPS) guidance of 1.660-1.820 for the period, compared to the consensus estimate of 1.670. The company issued revenue guidance of $8.5 billion-$8.9 billion, compared to the consensus revenue estimate of $8.3 billion.

In the previous quarter, Micron Technology (NASDAQ:MU) reported $1.18 earnings per share (EPS) to beat the analysts' consensus estimate of $0.97 by $0.21. Learn more on analysts' earnings estimate vs. MU's actual earnings.

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

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

Micron Technology (NASDAQ:MU) has a recorded annual revenue of $25.11 billion.

Micron Technology (NASDAQ:MU) has a recorded net income of $778 million. MU has generated $0.68 earnings per share over the last four quarters.

Micron Technology (NASDAQ:MU) has a trailing price-to-earnings ratio of 144.66 and a forward price-to-earnings ratio of 11.84.

Micron Technology's earnings are expected to grow from $8.31 per share to $12.58 per share in the next year, which is a 51.38% increase.

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This page (NASDAQ:MU) was last updated on 11/21/2024 by MarketBeat.com Staff
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