Micron (MU) Beats Q3 Earnings and Revenue Estimates

Micron (MU) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to loss of $1.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 24%. A quarter ago, it was expected that this chipmaker would post a loss of $0.27 per share when it actually produced earnings of $0.42, delivering a surprise of 255.56%.Over the last four quarters, the company has surpassed con ...