Micron Stock May Swing 14% on Q3 Earnings; Market Eyes 353B Revenue Forecast on June 24

According to BlockBeats, Micron Technology will report fiscal third-quarter results on Wednesday, June 24 after the U.S. market close. Market expectations anticipate a stock price swing of approximately 14%, corresponding to a market value fluctuation exceeding $150 billion. For Q3, analysts expect Micron's revenue to reach $35.3 billion, representing 279% year-over-year growth, with adjusted earnings per share rising to $20.28 from $1.91. For Q4, consensus forecasts revenue of $42.5 billion and adjusted EPS of $24.80. Investors will closely monitor management guidance on whether supply constraints in data center and AI-related storage will persist beyond 2026.
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