Analog Devices (NASDAQ:ADI) is set to report earnings this Wednesday before market open. Last quarter, the company surpassed revenue expectations by 2.1%, with revenues of $3.08 billion, up 25.9% year on year. Analysts predict revenue growth of 28.5% year on year to $3.11 billion this quarter, with adjusted earnings expected at $2.31 per share. Analysts expect Analog Devices to continue exceeding expectations, as it has done over the past two years. Peers like Skyworks Solutions and Power Integrations have reported mixed results, affecting investor sentiment in the analog semiconductors segment. Analog Devices shares are up 14% over the last month.
Read more at StockStory Media: What To Expect From Analog Devices’s (ADI) Q4 Earnings
