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Micron (MU) Q4 Earnings Report Preview: What To Look For [Yahoo! Finance]
Last monster beverage corporation earnings: 2/27 04:05 pm
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US:NASDAQ Investor Relations: investors.monsterbevcorp.com/events.cfm
Micron beat analysts' revenue expectations by 1.8% last quarter, reporting revenues of $11.32 billion, up 46% year on year. It was a strong quarter for the company, with a significant improvement in its inventory levels and a solid beat of analysts' adjusted operating income estimates. Is Micron a buy or sell going into earnings? Read our full analysis here, it's free for active Edge members This quarter, analysts are expecting Micron's revenue to grow 48.8% year on year to $12.96 billion, slowing from the 84.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $3.92 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Micron has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 3% on average. With Micron being the first among its peers t
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