Micron (MU) will report Q4 earnings after the market closes.
Current Cap IQ Consensus estimates Q4 adj. EPS of $0.97 (vs $0.56 last year) on revs of $5.89 bln (+21% yr/yr)
Current Q4 guidance: EPS of $0.95-1.15 on revs of $5.75-6.25 bln
MU will provide Q1 guidance in the press release.
Current Cap IQ Consensus estimates Q1 adj. EPS of $0.68 (vs $0.48 last year) on revs of $5.33 bln (+4% yr/yr)
TECHS:
MU has a $56 bln market cap and trades at a forward P/E of 13x vs competitors AMD (56x), QCOM (20x), and AMAT (15x)
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