Published on 25 May 2024 on Simply Wall St. via Yahoo Finance
Analog Devices, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Analog Devices, Inc. (NASDAQ:ADI) investors will be delighted, with the company turning in some strong numbers with its latest results. The company beat forecasts, with revenue of US$2.2b, some 2.5% above estimates, and statutory earnings per share (EPS) coming in at US$0.61, 36% ahead of expectations. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
Check out our latest analysis for Analog Devices
