Analog Devices (ADI) Q2 Earnings and Revenues Top Estimates

Group 1: Earnings Performance - Analog Devices (ADI) reported quarterly earnings of $1.85 per share, exceeding the Zacks Consensus Estimate of $1.69 per share, and up from $1.40 per share a year ago, representing an earnings surprise of 9.47% [1] - The company posted revenues of $2.64 billion for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 5.51%, compared to $2.16 billion in the same quarter last year [2] - Over the last four quarters, Analog Devices has consistently surpassed consensus EPS estimates and revenue estimates [2] Group 2: Stock Performance and Outlook - Analog Devices shares have increased approximately 4.6% since the beginning of the year, while the S&P 500 has declined by 0.6% [3] - The future performance of the stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is $1.80 on revenues of $2.61 billion, and for the current fiscal year, it is $7.11 on revenues of $10.27 billion [7] Group 3: Industry Context - The Semiconductor - Analog and Mixed industry is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]