What Analyst Projections for Key Metrics Reveal About Analog Devices (ADI) Q1 Earnings
Analog Devices(ADI) Zacks Investment Research·2024-02-15 23:20
Wall Street analysts expect Analog Devices (ADI) to post quarterly earnings of $1.71 per share in its upcoming report, which indicates a year-over-year decline of 37.8%. Revenues are expected to be $2.5 billion, down 23.1% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's earnin ...