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Analog Devices (ADI) is set to report its earnings on November 25, and all eyes are on its ability to surpass the EPS estimate of $2.24, especially with the whisper number suggesting a more optimistic $2.45. With a robust market cap of over $115 billion, ADI's performance in the upcoming quarter will be closely scrutinized, particularly given the absence of recent news to guide expectations. Analysts are keen to see if ADI can achieve the projected revenue of $3.01 billion, as the company continues to navigate the competitive landscape of the semiconductor industry. The whisper number indicates a market sentiment that anticipates stronger-than-expected results, reflecting confidence in ADI's strategic initiatives and operational efficiencies. As the earnings date approaches, investors will be looking for signs of growth and resilience in ADI's financials, which could set the tone for its future trajectory.
Analog Devices, Inc. (ADI), also known simply as Analog, is an American multinational semiconductor company specializing in data conversion, signal processing and power management technology, headquartered in Wilmington, Massachusetts.
Website: https://www.analog.com
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