Analog Devices (ADI) Beats Q3 Earnings and Revenue Estimates

Analog Devices (ADI) came out with quarterly earnings of $2.05 per share, beating the Zacks Consensus Estimate of $1.93 per share. This compares to earnings of $1.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +6.22%. A quarter ago, it was expected that this semiconductor maker would post earnings of $1.69 per share when it actually produced earnings of $1.85, delivering a surprise of +9.47%.Over the last four quarters, th ...