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MU

Micron Technology Inc.

$140.75

Earnings Summary

Revenue
$5824Mn
Net Profits
$793Mn
Net Profit Margins
13.62%

Highlights

Revenue:

Micron Technology Inc.’s revenue jumped 57.7% since last year same period to $5824Mn in the Q1 2024. On a quarterly growth basis, Micron Technology Inc. has generated 23.23% jump in its revenue since last 3-months.

Net Profits:

Micron Technology Inc.’s net profit jumped 134.11% since last year same period to $793Mn in the Q1 2024. On a quarterly growth basis, Micron Technology Inc. has generated 164.26% jump in its net profits since last 3-months.

Net Profit Margins:

Micron Technology Inc.’s net profit margin jumped 121.63% since last year same period to 13.62% in the Q1 2024. On a quarterly growth basis, Micron Technology Inc. has generated 152.15% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Micron Technology Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.48
EPS Estimate Current Year
0.48

Highlights

EPS Estimate Current Quarter:

Micron Technology Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.48 - a 292% jump from last quarter’s estimates.

EPS Estimate Current Year:

Micron Technology Inc.’s earning per share (EPS) estimates for the current year stand at 0.48.

Key Ratios

Key ratios of the Micron Technology Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
0.42
Return on Assets (ROA)
-0.04
Return on Equity (ROE)
-0.08
Dividend Per Share (DPS)
0.12

Highlights

Earning Per Share (EPS):

Micron Technology Inc.’s earning per share (EPS) jumped 121.99% since last year same period to 0.42 in the Q1 2024. This indicates that the Micron Technology Inc. has generated 121.99% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Micron Technology Inc.’s return on assets (ROA) stands at -0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Micron Technology Inc.’s return on equity (ROE) stands at -0.08.

Dividend Per Share (DPS):

Micron Technology Inc. declared 0.12 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-03-21
-0.25
0.42
268%