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Micron Q3 Earnings Preview: AI In Focus, Analyst Says 'Only Positive News ... For Some Time To Come'

Benzinga ·  Jun 25 20:59

Semiconductor company$Micron Technology (MU.US)$is set to report third-quarter financial results after market close Wednesday.

Here are the earnings estimates, what analysts are saying and key items to watch.

Earnings Estimates: Analysts expect Micron to report third-quarter revenue of $6.63 billion, according to data from Benzinga Pro.

The revenue estimate would be an improvement from $3.75 billion reported in last year's third quarter. Micron has beaten analysts' revenue estimates in four straight quarters and seven of the last 10 quarters overall.

Analysts expect Micron to report third-quarter earnings per share of 49 cents, compared to a loss of $1.43 in last year...

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