Subtext

Micron Technology, Inc. MU

SectorInformation Technology
Transcripts75
Date range2005-12-26 – 2025-03-20
Calls charted75

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-24-12+0+12+242006 Q12008 Q42011 Q42014 Q22016 Q42019 Q22021 Q42024 Q22006 Q1 · Overall: +8.32006 Q2 · Overall: +2.32006 Q3 · Overall: +1.12006 Q4 · Overall: +4.92007 Q2 · Overall: -4.62007 Q3 · Overall: +1.42007 Q4 · Overall: +5.22008 Q1 · Overall: +3.42008 Q2 · Overall: +1.42008 Q3 · Overall: -1.92008 Q4 · Overall: -1.22009 Q1 · Overall: +1.02009 Q2 · Overall: -2.82009 Q3 · Overall: +0.62010 Q1 · Overall: +4.22010 Q2 · Overall: +1.02010 Q3 · Overall: +1.12010 Q4 · Overall: +0.62011 Q2 · Overall: +1.62011 Q3 · Overall: +2.62011 Q4 · Overall: +1.92012 Q1 · Overall: -1.22012 Q2 · Overall: +1.52012 Q3 · Overall: +11.82012 Q4 · Overall: +8.22013 Q1 · Overall: +4.42013 Q2 · Overall: +3.02013 Q3 · Overall: +6.62013 Q4 · Overall: +3.72014 Q1 · Overall: +4.62014 Q2 · Overall: +6.32014 Q3 · Overall: +10.12014 Q4 · Overall: +12.92015 Q1 · Overall: +9.82015 Q2 · Overall: +7.52015 Q3 · Overall: +3.72015 Q4 · Overall: +7.02016 Q1 · Overall: +3.22016 Q2 · Overall: +1.82016 Q3 · Overall: +7.82016 Q4 · Overall: +3.92017 Q1 · Overall: +11.02017 Q2 · Overall: +6.52017 Q3 · Overall: +14.82017 Q4 · Overall: +12.52018 Q1 · Overall: +12.02018 Q2 · Overall: +10.92018 Q3 · Overall: +9.52018 Q4 · Overall: +12.52019 Q1 · Overall: +9.52019 Q2 · Overall: +5.92019 Q3 · Overall: +6.42019 Q4 · Overall: +5.72020 Q1 · Overall: +10.52020 Q2 · Overall: +5.52020 Q3 · Overall: +9.82020 Q4 · Overall: +10.72021 Q1 · Overall: +11.92021 Q2 · Overall: +12.42021 Q3 · Overall: +13.12021 Q4 · Overall: +12.22022 Q1 · Overall: +12.72022 Q2 · Overall: +15.82022 Q3 · Overall: +7.12022 Q4 · Overall: +1.92023 Q1 · Overall: +0.92023 Q2 · Overall: +2.82023 Q3 · Overall: +6.72023 Q4 · Overall: +13.02024 Q1 · Overall: +18.12024 Q2 · Overall: +17.02024 Q3 · Overall: +16.82024 Q4 · Overall: +21.12025 Q1 · Overall: +0.92025 Q2 · Overall: +13.4
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-35-18+0+18+352006 Q12008 Q42011 Q42014 Q22016 Q42019 Q22021 Q42024 Q22006 Q3 · CEO: +6.12006 Q4 · CEO: +4.02007 Q2 · CEO: -4.12007 Q3 · CEO: +3.52007 Q4 · CEO: +2.42008 Q1 · CEO: +8.12008 Q2 · CEO: +7.02008 Q3 · CEO: +4.32008 Q4 · CEO: +0.32009 Q1 · CEO: +2.52009 Q2 · CEO: -2.82009 Q3 · CEO: +4.22010 Q1 · CEO: +4.12010 Q2 · CEO: +9.32010 Q4 · CEO: +6.22011 Q2 · CEO: +4.12011 Q3 · CEO: +0.02011 Q4 · CEO: -1.52012 Q1 · CEO: +9.82012 Q2 · CEO: +11.12012 Q3 · CEO: +22.32012 Q4 · CEO: +13.12013 Q1 · CEO: +7.42013 Q2 · CEO: -1.82013 Q3 · CEO: +5.22013 Q4 · CEO: +8.52014 Q1 · CEO: +14.72014 Q2 · CEO: +7.22014 Q3 · CEO: +11.92014 Q4 · CEO: +13.12015 Q1 · CEO: +8.92015 Q2 · CEO: +6.82015 Q3 · CEO: +4.72015 Q4 · CEO: +11.82016 Q1 · CEO: +10.02016 Q2 · CEO: +10.02016 Q3 · CEO: +18.32016 Q4 · CEO: +7.32017 Q1 · CEO: +13.82017 Q2 · CEO: +17.62017 Q3 · CEO: +26.52017 Q4 · CEO: +18.92018 Q1 · CEO: +17.72018 Q2 · CEO: +17.32018 Q3 · CEO: +18.22018 Q4 · CEO: +17.42019 Q1 · CEO: +17.92019 Q2 · CEO: +16.72019 Q3 · CEO: +15.32019 Q4 · CEO: +15.82020 Q1 · CEO: +19.02020 Q2 · CEO: +11.42020 Q3 · CEO: +13.82020 Q4 · CEO: +22.12021 Q1 · CEO: +20.52021 Q2 · CEO: +19.92021 Q3 · CEO: +19.92021 Q4 · CEO: +18.42022 Q1 · CEO: +20.42022 Q2 · CEO: +21.42022 Q3 · CEO: +12.12022 Q4 · CEO: +12.72023 Q1 · CEO: +8.42023 Q2 · CEO: +14.32023 Q3 · CEO: +19.32023 Q4 · CEO: +22.82024 Q1 · CEO: +28.52024 Q2 · CEO: +25.82024 Q3 · CEO: +25.52024 Q4 · CEO: +30.52025 Q2 · CEO: +23.02006 Q1 · CFO: +12.32006 Q2 · CFO: +5.92006 Q3 · CFO: +4.22006 Q4 · CFO: +15.32007 Q2 · CFO: -11.42007 Q3 · CFO: +1.62007 Q4 · CFO: +5.72008 Q3 · CFO: -5.02008 Q4 · CFO: -5.12009 Q1 · CFO: -0.52009 Q2 · CFO: -9.22009 Q3 · CFO: -8.42010 Q1 · CFO: +3.12010 Q2 · CFO: +0.02010 Q3 · CFO: -0.62010 Q4 · CFO: -2.22011 Q2 · CFO: -2.52011 Q3 · CFO: +0.02011 Q4 · CFO: +5.52012 Q1 · CFO: -5.32012 Q2 · CFO: -4.52012 Q3 · CFO: -1.12012 Q4 · CFO: +3.32013 Q1 · CFO: +6.52013 Q2 · CFO: -2.22013 Q3 · CFO: -2.02013 Q4 · CFO: +0.72014 Q1 · CFO: +0.92014 Q2 · CFO: +5.32014 Q3 · CFO: +20.32014 Q4 · CFO: +15.02015 Q1 · CFO: +14.62015 Q2 · CFO: +19.82015 Q3 · CFO: +14.62015 Q4 · CFO: +11.02016 Q1 · CFO: +7.42016 Q2 · CFO: +3.42016 Q3 · CFO: +5.62016 Q4 · CFO: +5.82017 Q1 · CFO: +16.92017 Q2 · CFO: +9.82017 Q3 · CFO: +14.62017 Q4 · CFO: +14.42018 Q1 · CFO: +14.12018 Q2 · CFO: +9.62018 Q3 · CFO: +5.22018 Q4 · CFO: +11.52019 Q1 · CFO: +4.32019 Q2 · CFO: -0.82019 Q3 · CFO: +3.42019 Q4 · CFO: +0.82020 Q1 · CFO: +3.92020 Q2 · CFO: +2.82020 Q3 · CFO: +10.12020 Q4 · CFO: +4.82021 Q1 · CFO: +5.02021 Q2 · CFO: +10.72021 Q3 · CFO: +12.22021 Q4 · CFO: +12.12022 Q1 · CFO: +13.82022 Q2 · CFO: +19.92022 Q3 · CFO: +7.12022 Q4 · CFO: -3.22023 Q1 · CFO: -5.42023 Q2 · CFO: -7.42023 Q3 · CFO: +0.02023 Q4 · CFO: +7.42024 Q1 · CFO: +11.42024 Q2 · CFO: +23.22024 Q3 · CFO: +17.32024 Q4 · CFO: +24.42025 Q1 · CFO: -1.32025 Q2 · CFO: +7.6
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-33-17+0+17+332006 Q12008 Q42011 Q42014 Q22016 Q42019 Q22021 Q42024 Q22006 Q1 · Prepared remarks: +9.22006 Q2 · Prepared remarks: +9.92006 Q3 · Prepared remarks: +13.02006 Q4 · Prepared remarks: +13.02007 Q2 · Prepared remarks: -1.22007 Q3 · Prepared remarks: +5.32007 Q4 · Prepared remarks: +7.12008 Q1 · Prepared remarks: +8.32008 Q2 · Prepared remarks: +11.42008 Q3 · Prepared remarks: +16.12008 Q4 · Prepared remarks: +4.42009 Q1 · Prepared remarks: -1.72009 Q2 · Prepared remarks: -7.62009 Q3 · Prepared remarks: +0.82010 Q1 · Prepared remarks: +12.82010 Q2 · Prepared remarks: +11.22010 Q3 · Prepared remarks: +8.02010 Q4 · Prepared remarks: +1.82011 Q2 · Prepared remarks: +2.82011 Q3 · Prepared remarks: +5.22011 Q4 · Prepared remarks: +1.72012 Q1 · Prepared remarks: +2.62012 Q2 · Prepared remarks: +4.42012 Q3 · Prepared remarks: +11.92012 Q4 · Prepared remarks: +12.22013 Q1 · Prepared remarks: +9.32013 Q2 · Prepared remarks: +11.22013 Q3 · Prepared remarks: +11.32013 Q4 · Prepared remarks: +7.12014 Q1 · Prepared remarks: +11.32014 Q2 · Prepared remarks: +13.02014 Q3 · Prepared remarks: +14.72014 Q4 · Prepared remarks: +17.92015 Q1 · Prepared remarks: +17.02015 Q2 · Prepared remarks: +16.32015 Q3 · Prepared remarks: +12.92015 Q4 · Prepared remarks: +12.12016 Q1 · Prepared remarks: +11.12016 Q2 · Prepared remarks: +9.72016 Q3 · Prepared remarks: +15.92016 Q4 · Prepared remarks: +11.42017 Q1 · Prepared remarks: +22.22017 Q2 · Prepared remarks: +21.52017 Q3 · Prepared remarks: +28.82017 Q4 · Prepared remarks: +22.32018 Q1 · Prepared remarks: +23.62018 Q2 · Prepared remarks: +15.92018 Q3 · Prepared remarks: +18.92018 Q4 · Prepared remarks: +16.02019 Q1 · Prepared remarks: +13.72019 Q2 · Prepared remarks: +8.82019 Q3 · Prepared remarks: +16.92019 Q4 · Prepared remarks: +14.52020 Q1 · Prepared remarks: +14.92020 Q2 · Prepared remarks: +9.42020 Q3 · Prepared remarks: +17.62020 Q4 · Prepared remarks: +17.82021 Q1 · Prepared remarks: +20.72021 Q2 · Prepared remarks: +18.52021 Q3 · Prepared remarks: +25.52021 Q4 · Prepared remarks: +22.12022 Q1 · Prepared remarks: +19.62022 Q2 · Prepared remarks: +19.02022 Q3 · Prepared remarks: +15.92022 Q4 · Prepared remarks: +8.92023 Q1 · Prepared remarks: +2.62023 Q2 · Prepared remarks: +5.02023 Q3 · Prepared remarks: +15.22023 Q4 · Prepared remarks: +16.12024 Q1 · Prepared remarks: +22.82024 Q2 · Prepared remarks: +28.32024 Q3 · Prepared remarks: +26.32024 Q4 · Prepared remarks: +26.72025 Q1 · Prepared remarks: +5.62025 Q2 · Prepared remarks: +20.32006 Q2 · Q&A responses: +2.02006 Q3 · Q&A responses: +1.92006 Q4 · Q&A responses: +4.82007 Q2 · Q&A responses: -2.62007 Q3 · Q&A responses: +4.82007 Q4 · Q&A responses: +6.92008 Q1 · Q&A responses: +4.62008 Q2 · Q&A responses: +3.52008 Q3 · Q&A responses: -1.42008 Q4 · Q&A responses: +1.02009 Q1 · Q&A responses: +5.32009 Q2 · Q&A responses: +0.42009 Q3 · Q&A responses: +2.72010 Q1 · Q&A responses: +4.32010 Q2 · Q&A responses: +0.42010 Q3 · Q&A responses: +2.92010 Q4 · Q&A responses: +5.72011 Q2 · Q&A responses: +4.42011 Q3 · Q&A responses: +5.92011 Q4 · Q&A responses: +5.22012 Q1 · Q&A responses: +2.72012 Q2 · Q&A responses: +2.92012 Q3 · Q&A responses: +12.22012 Q4 · Q&A responses: +7.42013 Q1 · Q&A responses: +5.92013 Q2 · Q&A responses: -2.92013 Q3 · Q&A responses: +5.82013 Q4 · Q&A responses: +3.72014 Q1 · Q&A responses: +1.22014 Q2 · Q&A responses: +5.82014 Q3 · Q&A responses: +10.72014 Q4 · Q&A responses: +8.42015 Q1 · Q&A responses: +3.32015 Q2 · Q&A responses: +7.32015 Q3 · Q&A responses: +4.52015 Q4 · Q&A responses: +8.12016 Q1 · Q&A responses: +4.62016 Q2 · Q&A responses: +3.52016 Q3 · Q&A responses: +8.82016 Q4 · Q&A responses: +1.92017 Q1 · Q&A responses: +9.52017 Q2 · Q&A responses: +8.82017 Q3 · Q&A responses: +11.62017 Q4 · Q&A responses: +10.32018 Q1 · Q&A responses: +10.22018 Q2 · Q&A responses: +13.72018 Q3 · Q&A responses: +8.02018 Q4 · Q&A responses: +14.72019 Q1 · Q&A responses: +13.12019 Q2 · Q&A responses: +10.92019 Q3 · Q&A responses: +5.12019 Q4 · Q&A responses: +2.82020 Q1 · Q&A responses: +13.42020 Q2 · Q&A responses: +7.52020 Q3 · Q&A responses: +7.72020 Q4 · Q&A responses: +12.32021 Q1 · Q&A responses: +10.42021 Q2 · Q&A responses: +13.92021 Q3 · Q&A responses: +5.92021 Q4 · Q&A responses: +5.72022 Q1 · Q&A responses: +15.82022 Q2 · Q&A responses: +20.82022 Q3 · Q&A responses: +4.92022 Q4 · Q&A responses: +3.62023 Q1 · Q&A responses: +3.82023 Q2 · Q&A responses: +7.72023 Q3 · Q&A responses: +10.42023 Q4 · Q&A responses: +16.32024 Q1 · Q&A responses: +23.62024 Q2 · Q&A responses: +17.72024 Q3 · Q&A responses: +16.12024 Q4 · Q&A responses: +28.32025 Q1 · Q&A responses: +6.72025 Q2 · Q&A responses: +12.4
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$-1.46$5.71$12.882006 Q12008 Q42011 Q42014 Q22016 Q42019 Q22021 Q42024 Q22014 Q1: $2.962014 Q2: $3.242014 Q3: $3.522014 Q4: $3.872015 Q1: $3.842015 Q2: $3.412015 Q3: $2.242015 Q4: $1.592016 Q1: $0.992016 Q2: $0.772016 Q3: $0.732016 Q4: $1.792017 Q1: $3.282017 Q2: $5.012017 Q3: $6.172017 Q4: $7.502018 Q1: $9.382018 Q2: $11.012018 Q3: $10.982018 Q4: $7.752019 Q1: $6.692019 Q2: $4.362019 Q3: $2.852019 Q4: $3.292020 Q1: $4.192020 Q2: $4.352020 Q3: $4.292020 Q4: $4.902021 Q1: $7.142021 Q2: $9.762021 Q3: $11.172021 Q4: $9.532022 Q1: $10.932022 Q2: $11.892022 Q3: $4.112022 Q4: $1.042023 Q1: $-0.182023 Q2: $-0.272023 Q3: $-0.472023 Q4: $1.082024 Q1: $3.812024 Q2: $7.702024 Q3: $9.462024 Q4: $8.20

Forward P/E

-1.5539.0879.712006 Q12008 Q42011 Q42014 Q22016 Q42019 Q22021 Q42024 Q22014 Q1: 8.112014 Q2: 9.892014 Q3: 9.092014 Q4: 8.752015 Q1: 7.332015 Q2: 7.182015 Q3: 7.442015 Q4: 8.852016 Q1: 10.802016 Q2: 15.712016 Q3: 23.032016 Q4: 11.182017 Q1: 7.962017 Q2: 6.202017 Q3: 5.612017 Q4: 5.602018 Q1: 6.372018 Q2: 5.452018 Q3: 4.102018 Q4: 4.052019 Q1: 5.812019 Q2: 7.792019 Q3: 17.682019 Q4: 16.142020 Q1: 8.282020 Q2: 11.712020 Q3: 11.712020 Q4: 14.892021 Q1: 13.282021 Q2: 8.252021 Q3: 6.612021 Q4: 8.992022 Q1: 7.292022 Q2: 4.972022 Q3: 12.942022 Q4: 52.662023 Q1: 52.662023 Q4: 74.112024 Q1: 24.692024 Q2: 19.942024 Q3: 9.232024 Q4: 12.21

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2015 Q4 tone ↑ +3.3 fwd EPS ↓ -0.65 Tone rose while the forward EPS estimate was cut.
  • 2016 Q3 tone ↑ +6.0 fwd EPS ↓ -0.03 Tone rose while the forward EPS estimate was cut.
  • 2016 Q4 tone ↓ -3.8 fwd EPS ↑ +1.06 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q2 tone ↓ -4.5 fwd EPS ↑ +1.73 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q4 tone ↓ -2.3 fwd EPS ↑ +1.34 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q4 tone ↑ +3.0 fwd EPS ↓ -3.23 Tone rose while the forward EPS estimate was cut.
  • 2020 Q2 tone ↓ -5.0 fwd EPS ↑ +0.16 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q3 tone ↑ +4.3 fwd EPS ↓ -0.06 Tone rose while the forward EPS estimate was cut.
  • 2023 Q3 tone ↑ +3.9 fwd EPS ↓ -0.20 Tone rose while the forward EPS estimate was cut.
  • 2024 Q4 tone ↑ +4.3 fwd EPS ↓ -1.26 Tone rose while the forward EPS estimate was cut.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q22025-03-20+13.4——View →
2025 Q12024-12-18+0.9——View →
2024 Q42024-09-25+21.1$8.2012.2View →
2024 Q32024-06-26+16.8$9.469.2View →
2024 Q22024-03-20+17.0$7.7019.9View →
2024 Q12023-12-20+18.1$3.8124.7View →
2023 Q42023-09-27+13.0$1.0874.1View →
2023 Q32023-06-28+6.7$-0.47—View →