Core Insights - Analog Devices (ADI) reported revenue of $2.44 billion for the quarter ended October 2024, a decrease of 10.1% year-over-year, with EPS at $1.67 compared to $2.01 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $2.41 billion by 1.51%, and the EPS also surpassed the consensus estimate of $1.64 by 1.83% [1] Revenue Performance by Segment - Consumer revenue reached $379.69 million, exceeding the average estimate of $340.39 million by nine analysts, reflecting a year-over-year increase of 30.3% [3] - Communications revenue was reported at $275.57 million, slightly above the average estimate of $270.29 million, but showed a year-over-year decline of 19% [3] - Automotive revenue stood at $716.96 million, surpassing the average estimate of $661.70 million, with a year-over-year decrease of 2% [3] - Industrial revenue was reported at $1.07 billion, below the average estimate of $1.13 billion, marking a year-over-year decline of 20.9% [3] Stock Performance - Over the past month, shares of Analog Devices have returned -2.9%, contrasting with the Zacks S&P 500 composite's increase of 3.2% [4] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [4]
Analog Devices (ADI) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates