Micron Technology Q3 2024 Adj EPS $0.62 Beats $0.49 Estimate, Sales $6.810B Beat $6.634B Estimate
Portfolio Pulse from Benzinga Newsdesk
Micron Technology (NASDAQ:MU) reported Q3 2024 adjusted EPS of $0.62, beating the estimate of $0.49. Sales were $6.810 billion, surpassing the $6.634 billion estimate and marking an 81.50% increase from the same period last year.
June 26, 2024 | 8:02 pm
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Micron Technology reported strong Q3 2024 results, with EPS and sales significantly beating estimates. This performance indicates robust growth and could positively impact the stock price in the short term.
Micron's Q3 2024 earnings and sales both exceeded analyst expectations, demonstrating strong financial performance and growth. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100