Micron Q3 earnings top Wall Street estimates

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Micron Technology News

Chip Company,Josh Lipton,Third Quarter Results

Micron Technology (MU) reported third quarter results that topped Wall Street estimates on both the top and bottom lines. The chip company reported adjusted ...

) reported third quarter results that topped Wall Street estimates on both the top and bottom lines. The chip company reported adjusted earnings per share of $0.62 versus the estimate of $0.50. Adjusted revenue of $6.81 billion topped the estimated $6.67 billion.

I'm trying to figure out why the shares are down in the, I don't know, you know, I I'm looking too, I mean, I wonder if in part, I, if, if maybe the Q four guidance. I'm looking in the statement here, by the way, the stock is up about what 60 some percent a year to date here. The S&P 500 could crater 48% when the stock-market bubble pops and recession finally hits, elite strategist says

 

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