Micron Technology is poised to report net earnings per share of $2.65 and revenue of $11.2 billion for the upcoming quarter, significantly up from last year’s $0.79 EPS and $7.8 billion revenue. The company expects a full-year revenue of $37 billion, supported by robust capital expenditures of $14 billion. With six consecutive quarters of profitability and a recent surge in stock performance, investor confidence is high as the semiconductor market continues to flourish.
“Micron · is expected to report net earnings per share · $2.65 · true”
“Micron · is expected to report revenue · $11.2 billion · true”
“Micron · reported net EPS last year · 79 cents · true”
“Micron · reported revenues last year · $7.8 billion · true”
“Micron · has projected net EPS for the full fiscal year · $7.42 · true”
“Micron · has projected revenue for the full fiscal year · $37 billion · true”
“Micron · had its best session in 13 years · after last year's earnings report · true”
“Micron · has had six straight quarters of profitability · true · true”
“Micron · is priced at about · 12 times earnings · true”
“Philadelphia Semiconductor Index · trades at a multiple of · 26 times · true”
“Nvidia Corp. · is priced at · 32 times forward earnings · true”
“Micron's capex · is running at a very high level · $14 billion this year · true”
