Micron Technology-Micron (MU) Q1 Earnings Surpass Estimates

Micron (MU) came out with quarterly earnings of $1.79 per share, beating the Zacks Consensus Estimate of$ 1.75 per share. This compares to loss of $0.95 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.29%. A quarter ago, it was expected that this chipmaker would post earnings of$ 1.10 per share when it actually produced earnings of $1.18, delivering a surprise of 7.27%.Over the last four quarters, the company has surpassed c ...