Micron Technology Q3 Earnings Preview
<p>Deutsche Bank analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/MU'>Micron Technology, Inc. (NASDAQ:MU)</a> ahead of the company’s upcoming Q3 earnings, expected to be reported on June 30. The analysts anticipate the company to report in-line results and guidance, but with a few moving parts that should largely offset each other. </p>
<p>Weakness in consumer PC and smartphones may be leading to a lower DRAM price increase than expected, but that should be offset by better NAND prices and higher share repurchases in the quarter. </p>
<p>The analysts expect overall demand to remain solid in H2/22 driven by strength in enterprise and data centers. Longer term, the analysts are encouraged by the company's willingness to provide a cross-cycle financial model at its analyst day last month that implies a normalized EPS of $8.00-9.00.</p>

NASDAQ:MU