[UPDATE] Micron FQ4 (Sept 30) consensus: revenue +348% y/y to ~$51B, EPS ~$31, forward P/E ~6
Micron reports fiscal Q4 on Sept 30 with the Street modeling revenue up roughly 348% year-over-year to about $50.8B and EPS near $31.28, against a forward P/E around 6, ~$100B of contracted minimum revenue, and $18B of customer cash deposits. The print is the sector's next real checkpoint on whether the memory shortage is still accelerating, and a strong result reads across to Sandisk (SNDK) on NAND. The desk holds MU and SNDK in WATCH on fresh price momentum, gated out of BUY only by the stale-scout acceleration artifact rather than any demand signal.