Micron (MU) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Micron reported $9.3 billion in revenue for the quarter ended May 2025, a year-over-year increase of 36.6% and a surprise of +5.27% over the Zacks Consensus Estimate of $8.84 billion [1] - The EPS for the same period was $1.91, compared to $0.62 a year ago, representing a surprise of +20.13% over the consensus estimate of $1.59 [1] Revenue Breakdown - DRAM revenue was $7.07 billion, slightly above the average estimate of $7.04 billion, reflecting a year-over-year change of +50.7% [4] - Other technology revenue (primarily NOR) was $75 million, below the average estimate of $81.13 million, with a year-over-year change of +38.9% [4] - NAND revenue reached $2.16 billion, exceeding the estimated $1.74 billion, with a year-over-year increase of +4.4% [4] Stock Performance - Micron shares have returned +32.7% over the past month, significantly outperforming the Zacks S&P 500 composite's +5.1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]