What's in the Offing for Analog Devices (ADI) in Q2 Earnings?
ADIAnalog Devices(ADI) zacks.com·2024-05-21 01:06

Analog Devices, Inc. (ADI) is scheduled to report second-quarter fiscal 2024 results on May 22. For the fiscal second quarter, ADI expects revenues of 2.10billion(+/−2.10 billion (+/- 100 million). The Zacks Consensus Estimate for ADI’s revenues is pegged at 2.10billion,indicatingadeclineof35.52.10 billion, indicating a decline of 35.5% from the year-ago quarter’s reported figure. Analog Devices anticipates adjusted earnings per share of 1.26 (+/- 0.10).Theconsensusmarkforfiscalsecond−quarterearningsispinnedat0.10). The consensus mark for fiscal second-quarter earnings is pinned at 1.26 per share, indicating a 55 ...