Micron Q4FY26 Results: Earnings expected to rise 10x YoY to $31

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  "company": {
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    "domain": "micron.com"
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    "url": "https://scanx.trade/stock-market-news/companies/micron-stock-rises-1-premarket-appoints-hanford-lead-research-labs/51105549",
    "title": "Micron Q4FY26 Results: Earnings expected to rise 10x YoY to $31 - scanx.trade",
    "excerpt": "*this image is generated using AI for illustrative purposes only. Micron Technology Inc. (NASDAQ: MU) is poised to report its largest year-over-year profit increase among major U.S. companies this earnings season. The company reports fiscal fourth-quarter results on Wednesday, Sept. 30, after the close. Analyst consensus expects earnings of $31.16 per share, representing a tenfold increase from $3.03 in the same quarter a year ago. Revenue is projected near $50.4 billion , up from $11.32 billion previously. In a separate corporate development, Micron appointed Deirdre Hanford as president of Micron Research Labs, its long-term semiconductor research arm. The Boise, Idaho-based hub was announced in August 2026 and is backed by a planned $10 billion investment over the next decade. Hanford brings 37 years of experience from Synopsys, covering semiconductor design, security, and public-private partnerships. She will oversee the lab’s research strategy and expand collaborations with universities, governments, startups, and technology partners. The research lab initiative is part of Micron’s broader plan to invest more than $250 billion in U.S. manufacturing and research and development. Pella Funds CIO Jordan Cvetanovski recently told CNBC that memory companies could perform well for another one to two years, citing unusually high margins and industry returns. Micron makes two...",
    "summary": "Micron Technology is projected to report revenue of nearly $50.4 billion for its fiscal fourth quarter, up from $11.32 billion a year ago.",
    "planning": false,
    "image_url": "https://news-images.dhan.co/micron-stock-rises-1-premarket-appoints-hanford-lead-research-labs.jpg",
    "confidence": 0.9,
    "published_at": "2026-09-17T21:26:07Z",
    "effective_date": "2026-09-30",
    "article_sentence": "Revenue is projected near $50.4 billion , up from $11.32 billion previously.",
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