MU beats Q4 estimates, forecasts Q1 revenue of $60B to $63B

  • MU reported Q4 revenue and adjusted EPS above expectations.
  • $54.23B in Q4 revenue exceeded the $51.49B estimate.
  • MU forecast Q1 revenue of $60B to $63B against $56.77B expected.

MU reported fourth-quarter revenue of $54.23 billion, exceeding the $51.49 billion estimate. Adjusted earnings per share came in at $33.42, compared with expectations of $31.83. For the first quarter, MU forecast revenue between $60 billion and $63 billion, above the $56.77 billion expected by analysts.

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