$Micron Technology(MU)$ Consen

Consensus EPS estimates fall by 99%

The consensus outlook for earnings per share (EPS) in 2023 has deteriorated.

◈2023 revenue forecast decreased from US$19.3b to US$18.8b.

◈Losses expected to increase from US$0.24 per share to US$0.49.

◈Semiconductor industry in the US expected to see average net income decline 5.0% next year.

◈Consensus price target broadly unchanged at US$66.95.

◈Share price rose 5.2% to US$58.87 over the past week.

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Comments

bubblyx
2022-11-19
bubblyx
Micron has been pretty aggressive with their memory bit growth forecasts for the medium to long term
pixiezz
2022-11-19
pixiezz
technically..if it can't hold the 10 MA, it headed to 55-56.
vippy
2022-11-19
vippy
MU can't seem to catch a break. I thought the AMAT report would have given us a boost
Snakewood
2022-11-19
Snakewood
😱🤦‍♂️🤦‍♂️🤔🤷‍♂️🙏🙏🤞🤞
財運到財源滾滾到
2023-03-16
財運到財源滾滾到
👏🙏
micphy
2022-11-19
micphy
ok

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