Micron Posts $25.11 Q3 EPS, Beating Consensus by 17%
Micron reported third-quarter earnings of $25.11 per share, surpassing the consensus estimate of $21.39 and marking a thirteen-fold increase from the prior year's $1.91.
Micron reported third-quarter earnings of $25.11 per share, beating the Zacks Consensus Estimate of $21.39 per share by 17% [1]. The result represents a thirteen-fold increase from earnings of $1.91 per share in the same quarter a year ago [1].
The beat came as memory chip demand strengthened across data center and artificial intelligence applications, driving margin expansion beyond what sell-side models had anticipated. The $3.72-per-share outperformance against consensus suggests pricing discipline held better than expected in DRAM and NAND markets, and that production costs fell faster than analysts projected.
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