Analog Devices Q4 Earnings Beat: Will Dim Outlook Pull the Stock Down?

Analog Devices (ADI) reported fourth-quarter fiscal 2024 non-GAAP earnings of $1.67 per share, which surpassed the Zacks Consensus Estimate by 1.83%. The bottom line came at the midpoint of management’s guidance but declined 16.9% year over yearAnalog Devices’ earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 4.9%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Analog Devices’ fourth-quarter fiscal 2024 revenues of $2.44 bill ...