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Micron (MU) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
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For the quarter ended February 2025, Micron (MU - Free Report) reported revenue of $8.05 billion, up 38.3% over the same period last year. EPS came in at $1.56, compared to $0.42 in the year-ago quarter.
The reported revenue represents a surprise of +1.97% over the Zacks Consensus Estimate of $7.9 billion. With the consensus EPS estimate being $1.43, the EPS surprise was +9.09%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Micron performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue by Technology- DRAM: $6.12 billion compared to the $6.20 billion average estimate based on four analysts. The reported number represents a change of +47.3% year over year.
Revenue by Technology- Other (primarily NOR): $75 million versus the four-analyst average estimate of $93.87 million. The reported number represents a year-over-year change of -24.2%.
Revenue by Technology- NAND: $1.86 billion compared to the $1.60 billion average estimate based on four analysts. The reported number represents a change of +18.4% year over year.
Shares of Micron have returned -2.2% over the past month versus the Zacks S&P 500 composite's -7.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Micron (MU) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
For the quarter ended February 2025, Micron (MU - Free Report) reported revenue of $8.05 billion, up 38.3% over the same period last year. EPS came in at $1.56, compared to $0.42 in the year-ago quarter.
The reported revenue represents a surprise of +1.97% over the Zacks Consensus Estimate of $7.9 billion. With the consensus EPS estimate being $1.43, the EPS surprise was +9.09%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Micron performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue by Technology- DRAM: $6.12 billion compared to the $6.20 billion average estimate based on four analysts. The reported number represents a change of +47.3% year over year.
- Revenue by Technology- Other (primarily NOR): $75 million versus the four-analyst average estimate of $93.87 million. The reported number represents a year-over-year change of -24.2%.
- Revenue by Technology- NAND: $1.86 billion compared to the $1.60 billion average estimate based on four analysts. The reported number represents a change of +18.4% year over year.
View all Key Company Metrics for Micron here>>>Shares of Micron have returned -2.2% over the past month versus the Zacks S&P 500 composite's -7.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.