Should Micron (MU) be in Your Portfolio Before Q3 Earnings?

Micron Technology (MU) is scheduled to report third-quarter fiscal 2024 results after market close on Jun 26.The Zacks Consensus Estimate for third-quarter non-GAAP earnings is pegged at 50 cents per share, which implies a robust improvement from the year-ago quarter’s loss of $1.43. Meanwhile, the consensus mark for revenues is pegged at $6.7 billion, which suggests a 78.6% increase from the year-earlier period’s revenues of $3.75 billion.Micron stock has made a remarkable run year to date, with its share ...