Analog Devices' Earning Call Date is a significant event for investors and analysts. The company typically reports its quarterly earnings in late January or early February.
The fiscal year for Analog Devices begins in February, which is when the company's financial year starts. This timing is crucial for understanding the company's performance.
The fiscal year 2022 for Analog Devices ended on January 29, 2023. This date marks the end of the company's 52-week fiscal year.
Earnings Report
Analog Devices delivered second-quarter revenue above the midpoint of their outlook, despite ongoing macro and inventory challenges.
ADI stock jumped 10.9% to close at 240.16, notching a record high of 240.35 in intraday trading.
The company's industrial chip sales accounted for 47% of their revenue in fiscal Q2, with automotive being the second largest segment at 30% of sales.
ADI's Chief Executive Vincent Roche expressed optimism about the company's prospects, citing inventory rationalization and improving new orders as signs of a potential cyclical recovery.
Key Data Points
Here's the "Key Data Points" section of the article:
The analog devices earning call date is expected to be on February 19, 2025. This is an estimated date of earnings release.
The period ending for this earnings report is January 2025. This is a crucial piece of information for investors and analysts.
The Zacks Consensus Estimate for earnings is $1.54. This is a significant number that can impact the stock's performance.
The Earnings ESP (Expected Surprise Prediction) is -0.69%. A negative ESP can indicate a potential earnings miss.
Historical Earnings
Analog Devices' Historical Earnings have been a key factor in determining their stock performance. The company has consistently delivered strong earnings growth over the years.
In Q4 2020, Analog Devices reported revenue of $1.57 billion, beating analyst expectations of $1.46 billion. This marked a 14% increase from the same quarter in the previous year.
Their net income for Q4 2020 was $344 million, a 23% increase from the same quarter in 2019. This growth was driven by strong demand for their analog and mixed-signal products.
In Q3 2020, Analog Devices reported revenue of $1.49 billion, a 12% increase from the same quarter in the previous year. This growth was driven by strong demand for their analog and mixed-signal products.
Analog Devices has a history of delivering strong earnings growth, with a 5-year average annual revenue growth rate of 10%. This has helped to drive the company's stock price up over the years.
Their net income has also been increasing steadily, with a 5-year average annual growth rate of 15%. This is a testament to the company's ability to deliver strong financial performance.
Frequently Asked Questions
What is the earnings forecast for analog devices?
Analog Devices' earnings forecast for Q1 fiscal 2025 is $1.53 per share, with a margin of error of 10 cents. This forecast is based on a non-GAAP operating margin of 40% and net sales of $2.35 billion.
What is an upcoming earnings call?
An upcoming earnings call is a scheduled conference call where a public company's management team discusses its financial performance and future prospects with investors and analysts. This call typically covers the company's quarterly or annual financial reports, providing valuable insights into its business operations and growth strategies.
What is the stock price forecast for analog devices?
Analogue Devices' stock price is forecasted to reach $249.00 on average, with a potential 14.17% increase from its current price of $218.09
Sources
- https://www.investors.com/news/technology/adi-stock-analog-devices-fiscal-q2-2024-earnings/
- https://www.zacks.com/stock/research/ADI/earnings-calendar
- https://financhill.com/stocks/sp500/adi/earnings
- https://www.alphaspread.com/security/nasdaq/adi/earnings-calls/q1-2024
- https://www.alphaspread.com/security/nasdaq/adi/earnings-calls/q2-2024
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