On Wednesday, August 19, Analog Devices 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: https://edge.media-server.com/mmc/p/ifqpvk57
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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