What's Going On With Micron Stock Wednesday?
What's Going On With Micron Stock Wednesday?
Micron Technology Inc (NASDAQ:MU) shares are in the spotlight Wednesday ahead of earnings. Here's what you need to know before the report.
納斯達克股票MU的Micron Technology Inc的股票週三受到關注，它即將公佈業績。以下是業績發佈前需要知道的內容。
What To Know: Micron is set to report financial results for the third quarter after the bell on Wednesday. Analysts are anticipating earnings of 49 cents per share on quarterly revenue of $6.634 billion, according to estimates from Benzinga Pro.
了解以下信息：Micron計劃在週三的業績發佈後亮相第三季度的業績。根據Benzinga Pro的估計，分析師預計季度收益爲49美分，季度收益爲66.34億美元。
Analyst revisions have been positive for Micron in recent weeks. Last week, Wedbush maintained an Outperform rating on Micron and raised the price target from $130 to $170, anticipating a beat-and-raise quarter.
最近幾周，分析師對Micron的評級有所提高。上週，Wedbush對Micron維持優異評級，並將價格目標從130美元提高到170美元，預計將迎來超預期季度。
Several other analysts lifted price targets on the stock this week. Baird raised its price target from $150 to $172, Citigroup lifted its price target from $150 to $175 and Morgan Stanley raised its price target from $130 to $140. Rosenblatt also maintained a price target of $225 a day ahead of earnings.
本週，有幾個分析師將該股票的目標價格上調。Baird將目標價格從150美元上調至172美元，花旗集團將目標價從150美元上調至175美元，大摩資源lof將目標價從130美元上調至140美元。羅森布拉特也在公佈的前一天維持了225美元的目標價位。
Last quarter, Micron delivered revenue of $5.82 billion, ahead of estimates of $5.342 billion. The company also turned in adjusted earnings of 42 cents per share versus estimates for a loss of 25 cents per share.
上個季度，Micron的收益達到了58.2億美元，超過了53.42億美元的預期。該公司還實現了每股42美分的調整後收益，而預期是每股虧損25美分。
Micron guided for third-quarter revenue of $6.4 billion to $6.8 billion and forecasted adjusted earnings in the range of 38 cents to 52 cents per share.
Micron 給出第三季度營收預計區間爲64到68億美元，預測調整後收益在38至52美分之間。
"Our preeminent product portfolio positions us well to deliver a strong fiscal second half of 2024. We believe Micron is one of the biggest beneficiaries in the semiconductor industry of the multi-year opportunity enabled by AI," CEO Sanjay Mehrotra said at the time.
“我們卓越的產品組合使我們能夠爲2024財年下半年提供強勁的表現。我們相信，Micron是人工智能帶來的多年機遇中半導體行業最大的受益者之一，”首席執行官Sanjay Mehrotra在當時表示。
Micron has exceeded analyst estimates on the top and bottom lines in four consecutive quarters heading into Wednesday's print, per Benzinga Pro data.
根據Benzinga Pro的數據，在連續四個季度的發佈中，Micron的收益和利潤都超過了分析師的預期。
MU Price Action: Micron shares were up 1.24% at $142.88 at the time of publication, according to Benzinga Pro.
根據Benzinga Pro的數據，在發佈時，Micron的股票上漲1.24％，收於142.88美圓。
Photo: courtesy of Micron.
圖片：來自美光公司的禮物。
譯文內容由第三人軟體翻譯。