Analog Devices Likely To Report Lower Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts

Analog Devices, Inc. (NASDAQ: ADI) is expected to release earnings results for its first quarter, before the opening bell on Feb. 21, 2024.

Analysts expect the Wilmington, Massachusetts-based company to report quarterly earnings at $1.71 per share, down from year-ago earnings of $2.75 per share. Analog Devices is projected to report quarterly revenue of $2.50 billion, according to data from Benzinga Pro.

Analog Devices recently appointed Richard C. Puccio, Jr. as Executive Vice President and Chief Financial Officer.

Analog Devices shares rose 0.6% to close at $189.40 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can …

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