- Analog Devices reported an adjusted EPS of $1.85 for the second quarter, surpassing the estimate of $1.70.
- The EPS was reported at $1.14.
- The company’s revenue for the quarter reached $2.64 billion, exceeding the estimated $2.51 billion.
- Industrial revenue slightly missed expectations at $1.16 billion compared to an estimate of $1.17 billion.
- Communications revenue outperformed, coming in at $315.1 million versus the forecasted $285.8 million.
- Automotive revenue was strong at $849.5 million, surpassing the anticipated $764.4 million.
- Consumer revenue was recorded at $317.8 million, above the estimate of $306.2 million.
- Adjusted gross margin improved to 69.4%, slightly higher than the expected 69.1%.
- Adjusted operating margin was reported at 41.2%, edging out the forecast of 40.9%.
- The company forecasts third-quarter revenue of approximately $2.75 billion, with a possible variance of $100 million.
- In the context of global trade volatility, the company’s performance reflects a cyclical recovery and a resilient business model.
- Second-quarter bookings increased across all end markets and regions, contributing to sequential backlog growth.
- Shares of Analog Devices rose 2.6% in pre-market trading, reaching $227.96 with 2,075 shares traded.
- The stock ratings include 23 buys, 11 holds, and 1 sell.
Analog Devices on Smartkarma
Analyst coverage on Analog Devices is currently positive on Smartkarma, as highlighted by research reports from Baptista Research. In one report, titled “Analog Devices Pushing For Increased Industrial Automation With An Interesting Power-Saving Tech – What Does This Mean For Investors?”, the company’s financial results for the first quarter of fiscal year 2025 exceeded expectations despite macroeconomic challenges. Revenue of $2.42 billion surpassed projections, signaling a 4% year-over-year increase when adjusted for prior period differences.
Another report by Baptista Research, titled “Analog Devices Inc.: Will Its Expansion in Communications & Data Centers Be A Breakthrough Move? – Major Drivers”, focused on the company’s fourth-quarter and full-year fiscal year 2024 earnings. The results showcased a resilient recovery from earlier challenges, with full-year revenue amounting to $9.4 billion and earnings per share (EPS) standing at $6.38. These insights provide valuable perspectives for investors considering Analog Devices in the current market landscape.
A look at Analog Devices Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analog Devices, Inc. is set to have a promising long-term outlook, as indicated by its Smartkarma Smart Scores. With solid scores across the board, the company is positioned for continued success in the future. Its resilience and momentum scores, both at 4, highlight its ability to withstand market fluctuations and its current positive trend, respectively. Additionally, with balanced scores of 3 in value, dividend, and growth, Analog Devices demonstrates stability and potential for steady performance.
As a leader in designing and manufacturing integrated circuits for various applications including communications, computer technology, and consumer electronics, Analog Devices has a wide market reach globally. With its robust scores reflecting a well-rounded performance in key aspects, the company appears to have a strong foundation for sustainable growth and value creation in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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