JUMP REPORT
MICRON TECHNOLOGIES (MU)
EARNINGS RELEASE - JUNE 29 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .77/share REV: 5,310/M
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LAST QTR: EPS: .37/share ACTUAL: .45/share (BEAT)
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NEXT QTR: EPS: .81/share REV: 5,470/M
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FULL YR: EPS: 2.51/Share REV: 20,750/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 59% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 7.64, 4.24, -11.7
EXPECTED JUMP MOVE: 7-9%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
Rumors have begun to swirl about the number of next-generation PlayStation consoles Sony plans to manufacture. The latest suggests that, because of the pandemic, the number will double.
BOISE, Idaho, July 14, 2020 — Micron Technology, Inc. (Nasdaq: MU), today announced a comprehensive enablement program which will provide early access to technical resources,.
The conversations below are excerpted from our recent Midyear Roundtable, published on July 10. The acceleration of cloud computing and working from home is playing into the hands of (MU) [ticker: MU], which makes DRAM and NAND memory chips. The DRAM industry has consolidated into several big players.
Citi Research analyst Christopher Danely said investors should bet against Intel and buy Qualcomm stock.
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Avg Daily Volume: 443,239 Market Cap: 3.44B
Sector: Services Short Interest: 2.7
Ticker delayed 20 minutes
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by Team Stockjumpers