Analog Devices (Nasdaq: ADI ) is expected to report Q1 earnings on Feb. 19. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Analog Devices's revenues will wane -2.4% and EPS will wither -2.2%.
The average estimate for revenue is $632.8 million. On the bottom line, the average EPS estimate is $0.45.
Last quarter, Analog Devices recorded revenue of $695.0 million. GAAP reported sales were 3.0% lower than the prior-year quarter's $716.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.58. GAAP EPS of $0.59 for Q4 were 1.7% lower than the prior-year quarter's $0.60 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 63.8%, 50 basis points worse than the prior-year quarter. Operating margin was 31.0%, 220 basis points worse than the prior-year quarter. Net margin was 25.8%, 20 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.72 billion. The average EPS estimate is $2.15.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 372 members out of 406 rating the stock outperform, and 34 members rating it underperform. Among 114 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 106 give Analog Devices a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Analog Devices is outperform, with an average price target of $42.40.
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