Micron Technology Inc expected to post earnings of $9.21 a share - Earnings Preview

Reuters06:04
Micron Technology Inc <mu.oq> expected to post earnings of $9.21 a share - Earnings Preview </mu.oq>
  • Micron Technology Inc MU.OQ MU.O is expected to show a rise in quarterly revenue when it reports results on March 18 for the period ending February 28 2026

  • The Boise Idaho-based company is expected to report a 147.6% increase in revenue to $19.936 billion from $8.05 billion a year ago, according to the mean estimate from 25 analysts, based on LSEG data.The company's guidance on December 17 2025, for the period ended February 28, was for revenue between $18.30 billion and $18.70 billion.

  • ​LSEG's mean analyst estimate for Micron Technology Inc is for earnings of $9.21 per share. The company's EPS guidance on December 17 2025, for the period ended February 28, was between $8.00 and $8.19

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 40 "strong buy" or "buy," 2 "hold" and 2 "sell" or "strong sell."

  • The mean earnings estimate of analysts had risen by about 0.2% in the last three months. ​

  • Wall Street's median 12-month price target for Micron Technology Inc is $450.00, about 1.9% above its last closing price of $441.80

The company's guidance on December 17 2025 for the period ended February 28 was for gross profit margin between USD67% and USD68%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Nov. 30 2025

4.05

3.95

4.78

Beat

20.9

Aug. 31 2025

2.86

2.86

3.03

Beat

5.9

May. 31 2025

1.63

1.60

1.91

Beat

19.3​

Feb. 28 2025

1.43

1.42

1.56

Beat

9.6

​​Nov. 30 2024

1.77

1.73

1.79

Beat

3.3

Aug. 31 2024

1.14

1.14

1.18

Beat

3.7​

May. 31 2024

0.56

0.51

0.62

Beat

21.9

Feb. 29 2024

-0.17

-0.25

0.42

Beat

270.3

This summary was machine generated March 16 at 22:04 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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