Core Insights - Analog Devices (ADI) is positioned to potentially continue its earnings-beat streak in upcoming reports, having surpassed earnings estimates by an average of 7.66% in the last two quarters [1] Earnings Performance - For the most recent quarter, Analog Devices reported earnings of $1.69 per share, which was a surprise of 9.47% compared to the expected $1.85 per share [2] - In the previous quarter, the company reported $1.63 per share against a consensus estimate of $1.54 per share, resulting in a surprise of 5.84% [2] Earnings Estimates and Predictions - Estimates for Analog Devices have been trending higher, supported by its history of earnings surprises [5] - The company currently has a positive Earnings ESP of +0.72%, indicating that analysts are optimistic about its earnings prospects [8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat [8] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7] Future Outlook - The next earnings report for Analog Devices is expected to be released on August 20, 2025 [8]
Will Analog Devices (ADI) Beat Estimates Again in Its Next Earnings Report?