After Hours Report - Micron sells off on downbeat Q2 earnings …

Dec 18, 2024  · After Hours Report. Updated: 18-Dec-24 16:57 ET. Micron sells off on downbeat Q2 earnings and revenue guidance. Today's session was disappointing for stocks. The S&P …


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Micron Shares Slide After 2Q Outlook Misses Estimates

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Dec 18, 2024  · Analysts polled by FactSet are expecting adjusted earnings of $1.91 a share on revenue of $8.94 billion. The memory-chip maker's stock price fell 11%, to $91.56, in after …

morningstar.com

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Micron Stock Tanks After Disappointing Q2 Guidance

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Dec 19, 2024  · Micron Technology (MU), a major player in the semiconductor industry, experienced a significant stock drop of over 10% in after-hours trading following the release of …

worldbriefings.com

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Micron Shares Plunge 14% After Significant Q2 Guidance Miss

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Dec 19, 2024  · Investing.com -- Micron Technology Inc (NASDAQ:MU) shares plummeted more than 14% in premarket trading Thursday after the chipmaker issued second-quarter guidance …

yahoo.com

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Micron Stock Sinks On Q2 Revenue Forecast. What Analysts Say.

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Dec 18, 2024  · Micron Technology's (MU) stock is dropping by over 10% at the time of this video's posting in after-hours trading. The semiconductor manufacturer posted fiscal first quarter …

yahoo.com

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Micron Stock Drops After Earnings Beat. What’s Behind The …

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Its shares fell sharply in after-hours trading. The semiconductor company reported fiscal first-quarter adjusted earnings per share of $1.79, compared to Wall Street’s consensus estimate …

msn.com

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Why Micron Stock Crashed 16% Today | The Motley Fool

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Dec 19, 2024  · Micron told investors to expect sales of $7.9 billion in fiscal Q2 2025 at a gross profit margin of about 37.5%, leading to earnings per share of roughly $1.26 (GAAP) or $1.43 …

fool.com

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MU Stock: Micron Gives Weak Fiscal Q2 Outlook - Investor's …

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Dec 19, 2024  · Wall Street had been modeling earnings of $1.91 a share on sales of $8.94 billion in fiscal Q2. In the year-ago quarter, Micron earned 42 cents a share on sales of $5.82 billion. …

investors.com

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Micron Q2 Earnings: Revenue Beat, EPS Beat, Strong Guidance

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Mar 20, 2024  · Check This Out: How To Earn $500 A Month From Micron Stock Ahead Of Q2 Earnings Report. MU Price Action: Micron shares were up 11.7% after hours at $107.49 at the …

benzinga.com

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Micron Faces Sell-Off Amid Weak Q2 Outlook And Soft

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Dec 19, 2024  · Micron (MU, Financial) is experiencing a significant sell-off, down 17%, due to a much weaker-than-expected Q2 (Feb) outlook.The company forecasts adjusted EPS of $1.33 …

gurufocus.com

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Why Micron Can Still 'shine' Despite Its Downbeat Earnings Forecast

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Shares of Micron MU are off about 1% in Wednesday morning trading following the downbeat outlook, but several analysts came out of Micron’s latest earnings report with optimistic takes …

marketwatch.com

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Why Micron Stock Lost 14% In December | The Motley Fool

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Jan 7, 2025  · Shares of Micron (MU-0.07%) were sliding last month after the memory-chip maker offered disappointing guidance in its fiscal first-quarter earnings report.. The sell-off following …

fool.com

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Micron Stock Jumps On Q2 Beat And Raise - Investor's Business …

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Mar 20, 2024  · Micron Stock Surges After Report. In after-hours trading on the stock market today, Micron stock surged more than 13% to 108.90. During the regular session Wednesday, …

investors.com

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What's Next For Micron Stock Down Over 40% Ahead Of Earnings?

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Jun 24, 2022  · Micron's fiscal 2021 sales surged 29% and its adjusted earnings skyrocketed 115%. MU topped estimates in both Q1 and Q2 of fiscal 2022. MU’s outlook has remained …

nasdaq.com

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Micron Stock Is Down, But Not Out (Technical Analysis)

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10 hours ago  · Micron reported their FY2025 Q1 earnings back in December and showed strong results overall in my view. They reported revenues of $8.71 billion, up 84% YoY from the prior …

seekingalpha.com

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Micron (MU) Set To Report Q2 Earnings: What's In The Offing?

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Mar 24, 2022  · Micron Technology MU is slated to report second-quarter fiscal 2022 results on Mar 29. The company projects fiscal second-quarter adjusted earnings of $1.95 (+/- 10 cents) …

nasdaq.com

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After Hours Report - Micron Is Micr-"off" Despite Beating On …

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Micron is Micr-"off" despite beating on earnings and revs in Q3 The S&P 500 increased 0.1% on Wednesday, and closed at a record high, as money flowed into the value stocks on this final …

briefing.com

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After Hours Report - Micron Having Its Stock Chipped Away After …

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Micron having its stock chipped away after guiding Q1 earnings and revs below consensus The S&P 500 fell 2.0% on Tuesday, closing at session lows, as another increase in long-term …

briefing.com

FAQs about After Hours Report - Micron sells off on downbeat Q2 earnings … Coupon?

How much did micron lose in Q2?

Analysts had been looking for earnings of 9 cents a share on sales of $6 billion in the fiscal third quarter. In the year-earlier period, Micron lost an adjusted $1.43 a share on sales of $3.75 billion. Heading into its fiscal Q2 report, Micron had posted five straight quarters of losses amid a cyclical downturn. ...

Does micron stock sink on Q2 revenue forecast?

Micron stock sinks on Q2 revenue forecast. What analysts say. Micron stock sinks on Q2 revenue forecast. What analysts say. Micron Technology's (MU) stock is dropping by over 10% at the time of this video's posting in after-hours trading. ...

How did micron stock perform in Q2?

Heading into its fiscal Q2 report, Micron had posted five straight quarters of losses amid a cyclical downturn. In after-hours trading on the stock market today, Micron stock surged more than 13% to 108.90. During the regular session Wednesday, Micron stock rose 2.4% to close at 96.25. ...

What did micron expect in Q2 2025?

Micron told investors to expect sales of $7.9 billion in fiscal Q2 2025 at a gross profit margin of about 37.5%, leading to earnings per share of roughly $1.26 (GAAP) or $1.43 (non-GAAP). And here's why that's a problem: Wall Street was expecting Micron to promise much more: $9 billion in revenue and $1.97 per share in profit. ...

Will micron miss earnings forecasts in Q2 2025?

Micron beat sales and earnings forecasts last night -- barely. Micron warned, though, that it will miss forecasts badly in fiscal Q2 2025. Even a miss by Micron appears likely to result in 200% earnings growth in the coming quarter. Is today's sell-off a good opportunity to buy Micron stock? ...

Why did micron stock fall 14% in extended trading?

Investing.com -- Micron Technology Inc (NASDAQ:MU) shares fell 14% in extended trading on Wednesday after the chipmaker issued second-quarter guidance well below Wall Street expectations. The company forecast adjusted earnings of $1.33 to $1.53 per share, missing analysts’ consensus estimate of $1.97. ...

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