Micron is expected to report earnings after the market close on Thursday.
Here’s what Wall Street expects, according to Thomson Reuters consensus estimates:
- EPS: $1.51 per share
- Revenue: $5.41 billion
The stock has surged more than 40 percent so far this year, outperforming the S&P Information Technology sector, which gained about 16 percent over the same period.
Recent favorable pricing has helped drive success for the Boise, Idaho-based company’s dynamic random access memory and NAND chips.
Micron shares are closing in on its all-time high of $36.49 per share, set on December 5, 2014. The stock was seen trading near $31.38 on Thursday.
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