Micron Guides Fiscal Q1 2027 Revenue and Adjusted EPS Above Estimates

The direct First Squawk report states that Micron expects fiscal Q1 adjusted revenue of $60 billion-$63 billion versus $56.77 billion expected, adjusted EPS of $37.15-$39.15 versus $36.02 expected, and an adjusted gross margin of approximately 86.3%. Corroborating context identifies this as fiscal Q1 2027 and expresses the same guidance as $61.5 billion plus or minus $1.5 billion of revenue and $38.15 plus or minus $1.00 of non-GAAP diluted EPS. The name is revised from 'raises' to 'guides' because the supplied evidence establishes guidance above cited estimates but does not establish a prior company-issued forecast that was raised. This is a material, forward-looking business-performance update, warranting high importance and surprise scores. The timestamp is tied to the September 30 announcement, although the exact time is based on the reporting timestamp. MU is approved as the directly affected company, while SK Hynix and Samsung are approved as directly comparable memory suppliers with a clear sector read-through; more distant customers, packaging companies, and equipment suppliers are excluded because their impacts are more speculative and not explicit in this development.