Preview: Analog Devices's Earnings
Portfolio Pulse from Benzinga Insights
Analog Devices (NASDAQ:ADI) is set to release its latest quarterly earnings report on Wednesday, 2023-08-23. Analysts estimate an earnings per share (EPS) of $2.52. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $177.22 and has seen an 8.98% increase over the last 52-week period.
August 22, 2023 | 2:01 pm
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NEUTRAL IMPACT
Analog Devices is expected to announce its Q3 earnings on Aug 23, 2023. The company's earnings announcement could potentially impact its stock price, which has seen an 8.98% increase over the last 52 weeks.
The company's earnings announcement is a significant event that could potentially impact its stock price. However, the direction of the impact is uncertain as it depends on whether the company beats or misses the analysts' estimates and the guidance provided for the next quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100