Micron reports earnings Wednesday and here’s what analysts think

MinerGate is a multicurrency mining pool with the easiest mining software, reliable 24/7 support service and helpful community at your disposal. Start mining now from your PC

Citi’s Christopher Danley told clients in a note that results are expected to be in-line with guidance but he sees downside to 2019 and 2020 estimates “due to the DRAM Crash,” a reference to the drop in price for memory chips. He also said earnings per share are expected to drop in the second half of this year.

READ MORE  Send & Receive Ethereum & Tokens - MyEtherWallet Tutorial - Cryptocurrency Explained - Free Course

“In our conversations with investors, the Bulls think we are at or approaching the bottom and that a…

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *