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Micron (MU) Tops Q4 Earnings and Revenue Estimates

Micron (MU) came out with quarterly earnings of 3.03pershare,beatingtheZacksConsensusEstimateof3.03 per share, beating the Zacks Consensus Estimate of 2.86 per share. This compares to earnings of 1.18pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+5.941.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +5.94%. A quarter ago, it was expected that this chipmaker would post earnings of 1.59 per share when it actually produced earnings of $1.91, delivering a surprise of +20.13%.Over the last four quarters, the company has surp ...