👀 $MU EARNINGS ARE COMING. I’M WAITING BEFORE MAKING A TRADE.
Micron expects this quarter to deliver:
• Sales of $50B, give or take $1B
• Gross margin around 86%
• Adjusted earnings of $31 per share, give or take $1
Those are the company’s targets. We still need the actual results.
I’m waiting to see whether Micron hits those numbers—and what it expects next quarter.
Then I’ll watch how the stock reacts before deciding whether to enter.
Strong earnings don’t always mean the stock goes up. Investors may already be expecting a lot.
Can the memory boom keep going? Let’s see what Micron delivers.
$MU #EarningsSeason