Analog Devices (ADI) To Report Q1 Earnings: What's In Store?
Zacks Investment Research | Feb 17, 2020 06:20AM ET
Analog Devices, Inc. (NASDAQ:ADI) is slated to report first-quarter fiscal 2020 results on Feb 19, before the opening bell. In the last reported quarter, it delivered a negative earnings surprise of 1.7%.
The company topped the Zacks Consensus Estimate in three out of the trailing four quarters, recording an average of 2.5%.
Trend in Estimate Revision
For the fiscal first quarter, the Zacks Consensus Estimate for earnings has remained stable at $1.00 per share over the past 30 days. This indicates a decline of 24.8% from the year-ago reported figure.
Notably, the consensus mark for revenues is pegged at $1.30 billion, implying a decline of 15.6% from the year-ago reported figure.
Let’s see how things have shaped up for this announcement.
Analog Devices, Inc. Price and EPS Surprise
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