MU Earnings Prediction
The chart below shows how MU performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MU sees a -1.19% change in stock price 10 days leading up to the earnings, and a +3.75% change 10 days following the report. On the earnings day itself, the stock moves by -0.44%. This data can give you a slight idea of what to expect for the next quarter's release.
MU Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
8.71B
84.28%
12.37%
Gross Margin
38.44%
5294.59%
8.83%
Operating Margin
24.96%
204.57%
26.70%
Net Margin
21.47%
182.23%
87.51%
EPS
1.67
249.11%
119.74%
No Data Available
MU Earnings Analysis
Micron Technology, Inc. Corporation (MU.O) Earnings Conference Call
Positive
Data Center Revenue Growth: The data center segment continues to show robust revenue growth, contributing significantly to overall performance.
New High-Capacity SSD Launch: The company has announced the launch of new high-capacity SSDs, enhancing its product portfolio and market competitiveness.
NAND Market Share Increase: Micron's share in the NAND market has increased, reflecting strong demand and effective supply chain management.
Data Center Revenue Surge: The company reported a year-over-year revenue increase of 40% in the data center segment, indicating strong market demand.
R&D Investment Impact: Micron's investments in R&D have led to innovative product developments, positioning the company for future growth.
Negative
Gross Margin Decline: Gross margin declined by 100 basis points in Q2, primarily due to lower shipments and pricing pressures in the NAND segment.
DRAM Sales Decline: The company reported a significant decrease in DRAM sales, with expectations of continued decline in Q2, impacting overall revenue.
Operating Expenses Impact Profitability: Operating expenses increased by 15% year-over-year, leading to a reduction in profitability despite revenue growth.
NAND Product Demand Decline: Customer demand for NAND products has weakened, resulting in a forecasted decline in shipments for the upcoming quarters.
High Inventory Concerns: Inventory levels remain high, with expectations of further reductions in the second half of the fiscal year, indicating potential overstock issues.
