Micron (MU) Earnings: Is a Worst-Case Scenario Already Priced In?

Our preview of the upcoming week's earnings reports include Micron Technology (MU), Bed Bath & Beyond (BBBY) and CarMax (KMX).

picture of semiconductor
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Micron Technology (MU, $74.05) steps up to the earnings confessional this week, and it's hoping for a much more productive post-earnings reaction than what it experienced a quarter ago.

In June, on a conference call with analysts, Micron Technology (MU, $74.05) CEO Sanjay Mehrotra cited "cost headwinds" the chipmaker is facing in fiscal 2022 due to a "strategic portfolio migration toward more advanced and higher-value products." Mehrotra also pointed to efforts to increase MU's resilience to supply chain disruptions as a factor in rising costs.

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Karee Venema
Senior Investing Editor, Kiplinger.com

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at Kiplinger.com. She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.