Micron Reports Q3 Earnings on June 24; EPS Seen Up Over 1,000% YoY

According to Barron's and FactSet, Micron will report fiscal 2026 Q3 earnings on June 24 after U.S. market close. Consensus forecasts EPS at $20.70, up from $1.71 a year earlier, while revenue is expected to reach $35.56 billion compared to $9.3 billion year-over-year.

Historically, Micron has beaten expectations for 12 consecutive quarters, yet its stock fell on the trading day following earnings release in 7 of those instances, according to Dow Jones Market Data. Most recently, despite posting its strongest surprise in two years in March, the stock declined 3.8% the next day, though it has since rallied 168% on optimism about AI-driven memory demand.