Analog Devices (ADI) Beats Q4 Earnings and Revenue Estimates
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Analog Devices (ADI) reported Q4 earnings of $1.67 per share, surpassing the Zacks Consensus Estimate of $1.64. However, this is a decrease from last year's $2.01 per share.
November 26, 2024 | 2:30 pm
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Analog Devices reported Q4 earnings of $1.67 per share, exceeding expectations but down from last year's $2.01. This mixed result may influence short-term stock movements.
The earnings beat is a positive indicator, suggesting better-than-expected performance. However, the year-over-year decline in earnings per share may temper investor enthusiasm, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100