Sep 25th, 2024
Micron’s Momentum Can Keep Going: Morningstar’s Kerwin
Morningstar Technology Equity Analyst William Kerwin reacts to Micron Technology giving surprisingly strong sales and profit forecasts. Micron said fiscal first-quarter revenue will be about $8.7 billion. That compares with an average analyst estimate of $8.32 billion. Profit will be about $1.74 a share, minus certain items, versus a projection of $1.52.
