Micron Technology, Inc. (NASDAQ:MU) is set to announce third quarter earning results on Monday 29th June 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, MU to report 3Q20 income of $ 0.77 per share.
For the full year, analysts anticipate top line of $ 20747.30 million, while looking forward to income of $ 2.51 per share bottom line.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.75 ~ $ 0.80 per share, while revenues are expected in a range of $ 5,200.00 million ~ $ 5,400.00 million
Stock Performance
According to the previous trading day, closing price of MU was $ 48.49, representing a 55.77 % increase from the 52 week low of $ 31.13 and a 20.76 % decrease over the 52 week high of $ 61.19.
The company has a market capital of $ 53.93 billion and is part of the Technology sector and Semiconductor Memory industry.
Conference Call
Micron Technology, Inc. will be hosting a conference call at 4:30 PM eastern time on 29th June 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/vrebaknk
Micron Technology, Inc. manufactures and sells memory and storage solutions worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit.
