Micron’s Q4 earnings are getting interesting.
Wall Street’s current consensus is around $31.15 EPS, versus $25.11 in Q3 — roughly 24% QoQ growth.
But I’m not looking at EPS alone. DRAM made up about 76% of Micron’s Q3 revenue, so memory pricing, shipments and demand could be just as important when the numbers arrive.
The bigger clues for me will be FY2027 guidance, HBM/HBM4 progress, gross margins and management’s view on supply and demand.
Micron reports after the U.S. market close on September 30.
The interesting part starts when the estimates meet the actual numbers.
#EarningsSeason
$NVDA $MU $MUB
Wall Street’s current consensus is around $31.15 EPS, versus $25.11 in Q3 — roughly 24% QoQ growth.
But I’m not looking at EPS alone. DRAM made up about 76% of Micron’s Q3 revenue, so memory pricing, shipments and demand could be just as important when the numbers arrive.
The bigger clues for me will be FY2027 guidance, HBM/HBM4 progress, gross margins and management’s view on supply and demand.
Micron reports after the U.S. market close on September 30.
The interesting part starts when the estimates meet the actual numbers.
#EarningsSeason
$NVDA $MU $MUB