Analog Devices ADI releases its next round of earnings this Wednesday. Get the latest predictions in Benzinga's essential guide to the company's Q3 earnings report.
Earnings and Revenue
Sell-side analysts expect Analog Devices's EPS to be near $1.46 on sales of $1.51 billion.
In the same quarter last year, Analog Devices posted a profit of $1.26 on sales of $1.46 billion. The Wall Street estimate would represent a 15.87 percent increase in the company's earnings. Revenue would be up 3.57 percent from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 1.38 | 1.29 | 1.36 | 1.15 |
| EPS Actual | 1.45 | 1.42 | 1.45 | 1.26 |
Stock Performance
Over the last 52-week period, shares are up 20.58 percent. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Analog Devices stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
© 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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