Market Overview

Earnings Preview: Analog Devices


On Wednesday, August 19, Analog Devices (NASDAQ: ADI) will release its latest earnings report. Benzinga's outlook for Analog Devices is included in the following report.

Earnings and Revenue

Wall Street expects EPS of $1.26 and sales around $1.42 billion. Analog Devices EPS in the same period a year ago totaled $1.26. Revenue was $1.48 billion. The analyst consensus estimate would represent no change in the company's earnings on a year over year basis. Sales would be down 4.05% from the year-ago period. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Quarter Q2 2020 Q1 2020 Q4 2019 Q3 2019
EPS Estimate 1.04 1 1.22 1.22
EPS Actual 1.08 1.03 1.19 1.26
Revenue Estimate 1.33 B 1.30 B 1.45 B 1.45 B
Revenue Actual 1.32 B 1.30 B 1.44 B 1.48 B

Stock Performance

Over the last 52-week period, shares are up 9.03%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Analog Devices is scheduled to hold the call at 10:00:00 ET and can be accessed here:


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Posted-In: Earnings