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Analog Devices Inc reports results for the quarter ended July 31 - Earnings Summary

Analog Devices Inc ADI.OQ reported quarterly adjusted earnings of $2.05​​ per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of $1.58.  The mean expectation of twenty eight analysts for the quarter was for earnings of $1.95 per share. Wall Street expected results to range from $1.91  to $2.08 per share.

Revenue rose 24.6% to $2.88 billion from a year ago; analysts expected $2.77 billion.

Analog Devices Inc's reported EPS for the quarter was $1.04​.

The company reported quarterly net income of $518.52 million.

Analog Devices Inc shares had fallen by 3.2% this quarter and gained 8.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 6.4% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 25 "strong buy" or "buy," 11 "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy"

Wall Street's median 12-month price target for Analog Devices Inc is $263.50, about 12.5% above its last closing price of $230.44

This summary was machine generated from LSEG data August 20 at 12:26 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jul. 31 20251.952.05Beat
Apr. 30 20251.701.85Beat
Jan. 31 20251.541.63Beat
Oct. 31 20241.641.67Beat

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