Why Is Analog Devices (ADI) Up 5.2% Since Last Earnings Report?
ADIAnalog Devices(ADI) ZACKS·2024-09-21 00:31

It has been about a month since the last earnings report for Analog Devices (ADI) . Shares have added about 5.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Analog Devices due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Analog Devices Q3 Earnings Beat Estimate ...