Micron Technology, Inc. (NASDAQ:MU) will release earnings results for its first quarter after the closing bell on Wednesday, Dec. 17.
Analysts expect the Boise, Idaho-based company to report quarterly earnings at $3.92 per share, up from $1.79 per share in the year-ago period. The consensus estimate for Micron's quarterly revenue is $12.87 billion, compared to $8.71 billion a year earlier, according to data from Benzinga Pro.
On Dec. 3, Micron Technology announced that it will exit the Crucial consumer business, ending sales of Crucial-branded products through global retailers, e-tailers, and distributors.
Micron shares fell 1.5% to close at $237.50 on Monday.
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