Analog Devices (ADI) Tops Q1 Earnings and Revenue Estimates
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Analog Devices (ADI) reported Q1 earnings of $1.63 per share, surpassing the Zacks Consensus Estimate of $1.54. This is a decrease from last year's $1.73 per share.
February 19, 2025 | 2:30 pm
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Analog Devices reported Q1 earnings of $1.63 per share, exceeding expectations but down from last year's $1.73. This positive surprise may boost short-term stock performance.
The earnings beat indicates better-than-expected performance, which is typically viewed positively by investors. Despite the year-over-year decline, the immediate reaction is likely to be favorable due to the earnings surprise.
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