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What will be Micron Technology's Q1 2025 adjusted EPS?
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Resolution / Starting Odds
Below $1.60 • 25%
$1.60 to $1.74 • 25%
$1.74 to $1.90 • 25%
Above $1.90 • 25%
Micron Technology's Q1 2025 earnings report
Story
Micron Technology Beats Q4 Earnings Expectations, Stock Up 12% on Strong Q1 2025 Outlook
Sep 25, 2024, 08:07 PM
Micron Technology reported strong Q4 2024 earnings, beating analyst expectations on both revenue and earnings per share (EPS). The company posted an adjusted EPS of $1.18, surpassing the expected $1.13, and reported revenue of $7.75 billion, exceeding the forecasted $7.64 billion. This represents a 93% year-over-year growth in revenue, driven by robust demand for AI applications. Additionally, Micron provided a positive outlook for Q1 2025, forecasting adjusted EPS of $1.74 and revenue of $8.7 billion. The company’s GAAP EPS was $0.79, with a gross margin of 36.5% and net income of $887 million. The strong performance and optimistic guidance led to a post-market stock increase of 12%.
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Below $1.60 • 25%
$1.60 to $1.73 • 25%
$1.74 to $1.85 • 25%
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$8.58 billion to $8.74 billion • 25%
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Below $7.4 billion • 33%
$7.4-$7.8 billion • 33%
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Less than $2.85 • 25%
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