Micron is part of Zacks Earnings Preview

For Immediate ReleaseChicago, IL – October 23, 2026 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes Micron MU.What Would Blowout Q3 Earnings Results Look Like?Including the flood of Q3 earnings results from the morning of October 22nd, we now have quarterly results from 112 S&P 500 members or 22.4% of the index’s total membership. Total earnings for these companies are up +30.9% from the same period last year on +11.8% higher revenues, with 80.4% beating EPS estimates and 68.8% beating revenue estimates.The Q3 earnings and revenue growth pace is tracking modestly below other recent periods, particularly when the reported Q3 growth rates are adjusted for Micron’s blockbuster results. The reported Q3 earnings and revenue growth rates decline to +13.1% (from +30.9%) and +8.5% (from +11.8%) when Micron is excluded from the reported results. The Q3 EPS and revenue beats percentages are tracking below what we had seen from this same group of companies in other recent periods, but otherwise in-line with historical averages.Given the positive revisions trend in place ahead of the start of the Q3 reporting cycle that had pushed estimates higher, companies will not only need to beat elevated consensus estimates, but also provide positive guidance and outlook for the coming periods. We are off to a good start on those fronts at this stage, as estimates for 2026 Q4 and full-year 2026 are maintaining the favorable revisions momentum that was in place before this earnings season got underway. We will see if this positive trend will remain in place as we move into the heart into the Q3 earnings season in the coming days.For more details about the Q3 earnings season and evolving expectations for the coming periods, please check out our weekly Earnings Trends report here >>> Q3 Earnings Season Ramps Up, Outlook for Q4 and Full-Year 2027 ImproveWhy Haven't You Looked at Zacks' Top Stocks?Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.Today you can access their live picks without cost or obligation.See Stocks Free >>Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch/Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.Media ContactZacks Investment Research800-767-3771 ext. 9339support@zacks.comhttps://www.zacks.comZacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This innovative software-as-a-service firm upped its user base +22% year over year. That rate is increasing and margins are expanding as AI efficiencies take effect. Of course, all our elite picks aren't winners, but this one could far surpass earlier Zacks' Stocks Set to Double like D-Wave Quantum, which shot up +680.1%.Free: See Our Top Stock And 4 Runners UpThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment Research