| | | First Call estimates for Micron have dropped slightly over the past month. A month ago, the estimates were $9.58 for 2022 and $12.60 for 2023. Today, they are $9.56 and $12.53. The estimate for Q3, to be reported in about a month at the end of June, is $2.46. But, again, the estimate that they report in their caption is $9.64, different from the annual estimate that they put in their chart. I still don't understand why they do that. Makes no sense.
One more comparison: back in January, the FY2022 (ends in August) estimate was $8.94 while the FY23 estimate was $11.56. The stock in January, prior to the market meltdown after the Russian invasion, was in the 90s compared to today in high 60s, low 70s.
Annual Earnings Est. for Micron Technology Inc Revised
First Call released annual estimates for Micron Technology Inc of $9.64. This is 59.01% higher than last year's results for the year.
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