Semiconductor company Micron Technology ($MU) is scheduled to announce its results for the fourth quarter of Fiscal 2024 after the market closes

Micron Technology beat analysts’ revenue expectations by 2% last quarter, reporting revenues of $6.81 billion, up 81.5% year on year. It was an exceptional quarter for the company, with a significant improvement in its gross margin and an impressive beat of analysts’ EPS estimates.

Micron Technology's latest earnings report releases later this month. Here's what you should you know before that happens?

Shares of Micron Technology Inc. MU rose 2.94% to $93.57 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.28% to 5,718.57 and the Dow Jones Industrial Average DJIA rising 0.15% to 42,124.65.

Micron Technology will report fiscal fourth-quarter earnings after the bell Wednesday, with analysts expecting the memory chip maker and Nvidia partner to swing to a profit.

Micron Technology reports earnings next week, and while many analysts are pessimistic about what guidance the chip maker will provide, this Citi analyst still says buy the stock. Citi analyst Christopher Danely wrote in a research note on Friday that he spent time chatting with investors this week about their expectations for Micron’s earnings,

Shares of Micron Technology Inc. MU rallied 1.85% to $90.90 Friday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.09% to 42,063.36 and the S&P 500 Index SPX falling 0.19% to 5,702.55.

Micron (MU) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month,