Does MU's EPS trend suggest a good long-term investment?

Micron Technology's (MU) EPS trend suggests a positive outlook for long-term investment, considering the following points: 1. **Recent Performance**: Micron's most recent EPS was $1.56, surpassing analysts' consensus estimates of $1.43 by $0.13. This indicates a strong financial performance in the latest quarter. |code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code| |---|---|---|---|---|---|---| |MU|MU.O|Micron Technology|2024 Q3|117.34104046242773|0.3|185| |MU|MU.O|Micron Technology|2024 Q4|160.3053435114504|0.79|185| |MU|MU.O|Micron Technology|2025 Q1|249.10714285714283|1.67|185| |MU|MU.O|Micron Technology|2025 Q2|98.59154929577466|1.41|185| 2. **Revenue Outperformance**: The company's revenue for the quarter was $8.05 billion, exceeding the consensus estimate of $7.89 billion. This reflects robust demand in key markets such as data centers and AI, which is a positive indicator for Micron's long-term growth potential. 3. **Profitability and Efficiency**: Micron reported a net margin of 13.34% and a return on equity of 8.32%. These metrics demonstrate the company's ability to generate profit from its operations and the efficiency with which it utilizes shareholders' equity. 4. **Strategic Positioning**: The company's focus on extending its technology leadership with the launch of new DRAM nodes, such as the 1-gamma DRAM, is a positive sign for its long-term innovation and competitiveness. 5. **Future Outlook**: Micron anticipates record quarterly revenue in the fiscal third quarter, driven by growth in both DRAM and NAND demand across data center and consumer-oriented markets. This optimistic guidance supports the notion of a strong long-term investment case. 6. **Dividend Commitment**: Micron's announcement of a quarterly dividend of $0.115 per share reflects the company's commitment to returning value to shareholders, which is a favorable sign for long-term investors. In conclusion, Micron Technology's strong EPS performance, revenue outperformance, profitability, strategic positioning, future outlook, and dividend commitment all suggest a positive trend that could support a good long-term investment in the company.