© Reuters Micron earnings beat by $0.05, revenue fell short of estimates
Investing.com – Micron (NASDAQ:) (NASDAQ: MU) reported first quarter EPS of $0.04, $0.05 better than the analyst estimate of $-0.01. Revenue for the quarter came in at $4.09B versus the consensus estimate of $4.15B.
Guidance
Micron sees Q2 2023 EPS of $-0.72-$-0.52 versus the analyst consensus of $-0.30.
Micron sees Q2 2023 revenue of $3.60B-$4.00B versus the analyst consensus of $3.75B.
Micron’s stock price closed at $51,19. It is up 1.8% in the last 3 months and down -43.34% in the last 12 months.
See Micron’s stock price’s past reactions to earnings here.
According to InvestingPro, Micron’s Financial Health score is “ performance“.
Check out Micron’s , and Micron’s financials here.
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