Micron Sees Q1 Revenue at $8.70B ± $200M, Adj. EPS $1.66-$1.82
Portfolio Pulse from Benzinga Newsdesk
Micron Technology has projected its Q1 revenue to be approximately $8.70 billion, with a margin of $200 million. The adjusted earnings per share (EPS) is expected to range between $1.66 and $1.82.
September 25, 2024 | 8:04 pm
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Micron Technology has provided guidance for Q1 with expected revenue of $8.70 billion ± $200 million and adjusted EPS between $1.66 and $1.82. This guidance is crucial for investors as it sets expectations for the company's financial performance.
The guidance provided by Micron Technology is a positive indicator for the company's financial health and future performance. The revenue and EPS projections are critical metrics that investors use to assess the company's profitability and growth potential. The positive outlook is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100