Analog Devices (ADI) came out with quarterly earnings of $1.58 per share, beating the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $2.49 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.33%. A quarter ago, it was expected that this semiconductor maker would post earnings of $1.26 per share when it actually produced earnings of $1.40, delivering a surprise of 11.11%.Over the last four quarters, the ...

财务表现 - 公司三个月和九个月期间的收入分别下降25%和27%[82] - 公司三个月和九个月期间的毛利率分别下降710和820个基点[89] - 公司三个月和九个月期间的研发费用分别下降14%和12%[92] - 公司三个月和九个月期间的销售及管理费用分别下降23%和20%[95] - 三个月和九个月期间的摊销费用分别下降25%和25%，主要是由于在2023财年部分已收购的无形资产已完全摊销[96][97] - 三个月和九个月期间的特殊费用分别下降48%和26%，主要是由于各期计提费用的时间不同[98][99] - 三个月和九个月期间的营业收入分别下降47%和54%，主要是由于收入下降导致毛利减少[100][101][102][103] - 三个月和九个月期间的非营业费用(收益)分别增加25%和33%，主要是由于外汇费用增加[104][105] - 三个月和九个月期间的所得税费用分别增加33,000万美元和下降11.6亿美元，主要是由于税率变化[106][107][108] - 三个月和九个月期间的净利润分别下降55%和59%，主要是由于营业收入下降、所得税费用增加和非营业费用增加[109][110][111][112][113] 收入来源 - 公司收入主要来自工业、汽车、通信和消费电子四大领域[78][80] - 公司收入主要通过分销商渠道和直销渠道实现[84][85] 现金流和流动性 - 公司认为现有流动性和未来经营活动产生的现金流将足以满足未来12个月的运营、资本支出和研发需求[114][115] - 公司应收账款和存货分别下降23%和13%，主要是由于收入和生产水平下降[116][117][118] 债务和资本 - 公司债务总额为81.65亿美元，主要包括商业票据和多期限公司债券[119][120] - 公司可发行最高总额为25亿美元的短期无担保商业票据[121] - 公司有一个总额不超过25亿美元的五年期无担保循环信贷融资[122] - 公司已获得董事会授权回购总额167亿美元的普通股[123] - 公司预计2024财年资本支出将在6.5亿美元至7.5亿美元之间[124] - 公司董事会宣布每股派发0.92美元的现金股利[124] - 公司在2024年第二季度发行了5.05%利率的5.5亿美元2034年到期债券和5.3%利率的5.5亿美元2054年到期债券[125] 风险因素 - 公司将继续受到与金融工具相关的市场风险影响[127]

财务业绩 - 公司第三季度营收为23.12亿美元，超过预期中值，工业、消费电子和通信市场均实现了环比增长[1] - 2024年第三季度营收为23.12亿美元，同比下降25%[39] - 2024财年前三季度营收为69.84亿美元，同比下降27%[40] - 营业收入为97.00亿美元[51] 盈利能力 - 公司调整后毛利率为67.9%，调整后营业利润率为41.2%[6] - 2024年第三季度毛利率为56.7%，同比下降7.1个百分点[42] - 2024财年前三季度毛利率为56.8%，同比下降6.2个百分点[42] - 2024年第三季度调整后毛利率为67.9%，同比下降4.3个百分点[42] - 2024财年前三季度调整后毛利率为67.9%，同比下降5.3个百分点[42] - 经营利润为31.89亿美元，经营利润率为33.3%[44] - 收购相关费用为15.57亿美元[44] - 调整后经营利润为47.99亿美元，调整后经营利润率为50.1%[44] - 调整后税前利润为46.36亿美元[46] - 调整后每股收益为8.07美元[48] 现金流 - 过去12个月经营现金流为39.89亿美元，自由现金流为29.48亿美元[7] - 经营活动产生的现金流为39.89亿美元，占收入的41%[51] - 自由现金流为29.48亿美元，占收入的30%[51] 股东回报 - 第三季度向股东返还5.74亿美元，包括股息和股票回购[7] - 公司宣布派发每股0.92美元的季度现金股息[13] 市场表现 - 公司表示客户库存水平和订单动能改善，预计可实现第四季度营收环比增长[4] - 2024年第三季度工业市场营收占比46%，同比下降9个百分点[39] - 2024财年前三季度工业市场营收占比47%，同比下降8个百分点[40] - 2024年第三季度汽车市场营收占比29%，同比上升5个百分点[39] - 2024财年前三季度汽车市场营收占比30%，同比上升8个百分点[40] 未来展望 - 预计第四季度营收为24亿美元，报告营业利润率约22.3%，调整后营业利润率约41%[10] - 预计第四季度每股收益为0.85美元，调整后每股收益为1.63美元[10] - 预计第四季度非经营费用约为6000万美元，税率为11%-13%[52] - 公司表示尽管经济和地缘政治不确定性仍限制了复苏步伐，但有信心已经度过了这一周期的低谷[4] - 公司表示创新和以客户为中心的理念将继续成为其成功的基础，推动长期股东价值[3]

Revenue of $2.31 billion, above the midpoint of our outlook with sequential growth in Industrial, Consumer, and CommunicationsOperating cash flow of $4.0 billion and free cash flow of $2.9 billion on a trailing twelve-month basisReturned $574 million to shareholders through dividends and repurchases in the third quarterWILMINGTON, Mass., Aug. 21, 2024 /PRNewswire/ -- Analog Devices, Inc. (Nasdaq: ADI), a global semiconductor leader, today announced financial results for its fiscal third quarter 2024, which ...

Analog Devices, Inc. (ADI) is scheduled to report third-quarter fiscal 2024 results on Aug 21.ADI expects revenues of $2.27 billion (+/- $100 million). The Zacks Consensus Estimate is pegged at $2.27 billion, indicating a decline of 26.1% from the year-ago quarter’s figure.Analog Devices anticipates adjusted earnings per share of $1.50 (+/- $0.10). The consensus mark for earnings is pinned at $1.50 per share, indicating a 39.8% fall from the prior-year quarter’s figure. The estimate has remained unchanged o ...

文章核心观点 - 分析师推荐对股票价格有影响,但其可靠性存在问题 [1][6] - 分析师倾向于给予积极偏好的评级,与普通投资者利益并不完全一致 [7][8] - 使用Zacks Rank评级可能是更有效的投资决策指标 [9][13][14] 公司概况 - Analog Devices (ADI)目前的平均券商评级(ABR)为1.58,介于强烈买入和买入之间 [3][4] - 18家券商给予强烈买入评级,1家给予买入评级,占总评级的73.1% [4] 投资建议 - 仅依据ABR做出投资决策可能并不可靠 [6] - 分析师预测的乐观偏差可能会误导投资者 [12] - 根据Zacks Rank的评级,Analog Devices目前评级为4级(卖出),投资者需谨慎对待其买入评级 [16][17][18]

Wall Street analysts expect Analog Devices (ADI) to post quarterly earnings of $1.50 per share in its upcoming report, which indicates a year-over-year decline of 39.8%. Revenues are expected to be $2.27 billion, down 26.1% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 0.4% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Prior to a company's ...

Analog Devices (ADI) closed the most recent trading day at $215.32, moving -1.23% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.38%. Meanwhile, the Dow gained 0.61%, and the Nasdaq, a tech-heavy index, added 0.03%.Shares of the semiconductor maker witnessed a loss of 10.41% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 7.5% and the S&P 500's loss of 3.2%.The investment community will be paying cl ...

The most recent trading session ended with Analog Devices (ADI) standing at $227.40, reflecting a +0.43% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily gain of 0.08%. Elsewhere, the Dow saw a downswing of 0.12%, while the tech-heavy Nasdaq appreciated by 0.07%.Shares of the semiconductor maker witnessed a loss of 0.8% over the previous month, beating the performance of the Computer and Technology sector with its loss of 4.62% and underperforming the S&P ...

Analog Devices (ADI) ended the recent trading session at $220.92, demonstrating a -1.65% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.51%. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, lost 0.93%.The semiconductor maker's shares have seen a decrease of 1.41% over the last month, surpassing the Computer and Technology sector's loss of 2.41% and falling behind the S&P 500's loss of 0.26%.The investment community will be payi ...