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

Micron Technology provided disappointing guidance for its current quarter Wednesday afternoon. Its shares fell sharply in after-hours trading. The semiconductor company reported fiscal first ...

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Micron Shares Suffer Steepest Drop Since 2020 After Disappointing ...

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Dec 19, 2024 · Micron reported an earnings beat from the first quarter, with earnings per share coming in at $1.79, topping the $1.75 average analyst estimate. Revenue jumped 84% from a …

nbcnewyork.com

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Micron's Stock Falls After Earnings As Revenue Forecast Fails To Pack ...

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Jun 27, 2024 · Micron's revenue rose to $6.81 billion from $5.82 billion in the fiscal second quarter, and from $3.75 billion in the year-earlier period, whereas the FactSet consensus was …

morningstar.com

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Why Micron Stock Crashed 16% Today | The Motley Fool

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Dec 19, 2024 · Computer memory maker Micron (MU-0.07%) stock tumbled 16.5% through 9:45 a.m. ET Wednesday despite the company reporting earnings that equaled or exceeded the …

fool.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’s Stock Falls After Earnings As Revenue Forecast Fails ... - MSN

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The company’s forecast calls for $7.60 billion in revenue at the midpoint along with $1.08 in adjusted earnings per share at the midpoint. Analysts had been looking for $7.59 billion and …

msn.com

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Micron Stock Tumbles As Profit, Revenue Outlook Disappoint

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Jun 26, 2024 · Micron shares were down 5.7% at $134.26 in extended trading as of 5:15 p.m. ET Wednesday following the company's earnings release. Do you have a news tip for …

investopedia.com

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Why Micron Stock Lost 14% In December - Yahoo Finance

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

yahoo.com

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

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Jan 7, 2025 · Micron posted disappointing guidance in its fiscal first-quarter earnings report. The company's $6.17 billion award from the CHIPS Act is being finalized. Micron looks cheap on a …

fool.com

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Why Is Micron Stock Down After A Double Earnings Beat?

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Jun 27, 2024 · In this video, I will talk about Micron Technology's (MU-0.07%) latest earnings report, comments from management about the outlook, and explain why the stock is down. …

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Up 50% And Then Down 25% This Year: What Explains These Wild …

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Aug 29, 2024 · Going forward, we expect Micron’s revenues to touch $21 billion in 2024, with an adjusted full-year estimated EPS of $0.18 after posting a loss in 2023. So, MU stock is likely to …

forbes.com

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Analysts Overhaul Micron Stock Price Targets Amid Post-earnings …

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Sep 12, 2024 · Micron Technology shares have lost more than $70 billion in market value since their late June peak.

thestreet.com

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Why Is Micron Stock Crashing After Double Earnings Beat?

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Dec 20, 2024 · In this video, I will go over Micron Technology's (MU-0.07%) first-quarter earnings report and explain why the stock is dropping. Watch the short video to learn more, consider …

fool.com

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

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14 hours ago · Micron stock has declined over 25% in six months, showing bearish near-term technicals but potential long-term strength due to positive divergence in MACD and RSI. …

seekingalpha.com

FAQs about Micron Stock Drops After Earnings Beat. What’s Behind the … Coupon?

Why did micron stock drop last month?

Shares of Micron (NASDAQ: MU) were sliding last month after the memory-chip maker offered disappointing guidance in its fiscal first-quarter earnings report. ...

Is Micron a good stock to buy?

The firm kept its buy rating on the stock but lowered its price target to $130 from $135. Micron reported an earnings beat from the first quarter, with earnings per share coming in at $1.79, topping the $1.75 average analyst estimate. ...

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. ...

What happened to Micron Technology's stock after earnings?

Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. Micron Technology's stock dropped 7% after the company reported earnings. ...

Did micron's earnings beat analysts' expectations?

The results handily beat analysts' expectations. According to CNBC, Wall Street was anticipating revenue of $6.7 billion and earnings of 51 cents per share. However, sentiment turned negative toward Micron after the company provided the outlook for its fiscal fourth quarter, which didn't blow away analysts' expectations. ...

Is Micron a good stock to buy for fiscal 2024?

Micron projected revenue of $7.6 billion for the final quarter of fiscal 2024, in line with projections compiled by Visible Alpha, though J.P. Morgan and Citi analysts suggested investors had higher expectations. Micron shares were down 5.7% at $134.26 in extended trading as of 5:15 p.m. ET Wednesday following the company's earnings release. ...