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To: Donald Wennerstrom who wrote (77167)9/26/2017 4:11:49 PM
From: Sam  Read Replies (1) | Respond to of 95632
 
Sept 26 (Reuters) - Micron Technology Inc(MU)

* Micron Technology Inc(MU) sees Q1 2018 non-GAAP revenue of $6.10 - $6.50 billion - sec filing ??

* Micron Technology Inc(MU) sees q1 2018 non-GAAP earnings per share of $2.09 - $2.23 ??

* Q1 earnings per share view $1.85, revenue view $6.06 billion -- Thomson Reuters I/B/E/S Source text: (http://bit.ly/2wTGoH0) Further company coverage:

[They have to be sandbagging with that guidance. It is barely higher than this quarter, and it includes some of the busiest months of the year. Well, it is what they do--sandbag so that they can beat. But of course the stock started dropping AH from its initial pop after their guidance came out. Sheesh.]



To: Donald Wennerstrom who wrote (77167)9/26/2017 4:11:55 PM
From: oldbeachlvr  Respond to of 95632
 
MU guidance: non-gaap: $6.10 billion to $6.50; $2.09 to $2.23;



To: Donald Wennerstrom who wrote (77167)9/26/2017 4:12:50 PM
From: Donald Wennerstrom3 Recommendations

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Sam
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  Read Replies (1) | Respond to of 95632
 
Here is another input from Briefing.com.

Micron beats by $0.18, beats on revs; guides Q1 EPS and revs above consensus
4:03 PM ET 9/26/17 | Briefing.com

Reports Q4 (Aug) earnings of $2.02 per share, $0.18 better than the Capital IQ Consensus of $1.84; revenues rose 90.8% year/year to $6.14 bln vs the $5.97 bln Capital IQ Consensus, with DRAM sales volumes 5 percent higher and NAND sales volumes 3 percent higher. DRAM and NAND average selling prices for the quarter increased 8 percent and 5 percent, respectively.

Our overall consolidated gross margin of 50.7 percent for the fourth quarter of 2017 was higher compared to 46.9 percent in the third quarter due to expansion of margins for DRAM products.

Co issues upside guidance for Q1, sees non-GAAP EPS of $2.09-2.23 vs. $1.84 Capital IQ Consensus Estimate; sees Q1 revs of $6.1-6.5 bln vs. $6.06 bln Capital IQ Consensus Estimate.