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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (93393)	11/21/2024 5:35:56 PM
From: Elroy	Read Replies (1) \| Respond to of 95391

Interesting. I'll have to decide whether to sell the call (which expires two days later) before or after the results. Tough one! I thought MU was going to report after Xmas.....

To: Sam who wrote (93393)	11/21/2024 5:45:23 PM
From: Return to Sender	Read Replies (1) \| Respond to of 95391

Last quarter MU gave inline guidance of 1.00 to 1.16. From Jun 27: Micron beats by $0.14, beats on revs; guides Q4 EPS in-line, revs in-line 4:05 PM ET 6/26/24 \| Briefing.com Reports Q3 (May) earnings of $0.62 per share, excluding non-recurring items, $0.14 better than the FactSet Consensus of $0.48; revenues rose 81.5% year/year to $6.81 bln vs the $6.67 bln FactSet Consensus. Co issues in-line guidance for Q4 (Aug), sees EPS of $1.00-1.16, excluding non-recurring items, vs. $1.02 FactSet Consensus; sees Q4 revs of $7.40-7.80 bln vs. $7.59 bln FactSet Consensus.Co added, "We are gaining share in high-margin products like High Bandwidth Memory (HBM), and our data center SSD revenue hit a record high, demonstrating the strength of our AI product portfolio across DRAM and NAND. We are excited about the expanding AI-driven opportunities ahead, and are well positioned to deliver a substantial revenue record in fiscal 2025." Today I find that Earnings Whisper says 1.60 on 8.63 Billion in revenues. A.I. says it will earn 1.75. Wow, kind of a lot higher than what they said last quarter. Seems like there is some room for MU to run higher to me. RtS