Micron Earnings Exceed Expectations by $0.07, Revenue Surpasses Estimates

Micron Technology (NASDAQ: MU) has reported an earnings per share (EPS) of $1.18 for the fourth quarter, surpassing analyst expectations of $1.11 by $0.07. The company generated revenue of $7.75 billion for the quarter, exceeding the consensus estimate of $7.65 billion.

### Guidance

For the first quarter of 2025, Micron anticipates an EPS of $1.74, compared to the analyst consensus of $1.52. Additionally, the company expects revenue to range between $8.50 billion and $8.90 billion, whereas analysts were predicting an average of $8.32 billion.

The stock closed at $95.77, reflecting a decline of 27.19% over the past three months but an increase of 40.96% over the last year.

In the past 90 days, Micron experienced 16 positive and 7 negative revisions to its EPS estimates.

According to recent assessments, Micron’s financial health has been rated as “fair performance.”