Analog Devices Reports Fourth Quarter and Fiscal Year 2016 Results
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Baird Raises Price Target on Analog Devices (ADI) to $77 Following Strong 4Q
November 22, 2016 5:27 PM ESTBaird reiterated an Outperform rating on Analog Devices (NASDAQ: ADI), and raised the price target to $77.00 (from $70.00), following the company's 4Q earnings report. Pro forma EPS was reported at $1.05, well above the company's guidance of $0.84-$0.94. Revenue was above the high end of guidance of... More
Analog Devices (ADI) Tops Q4 EPS by 16c
November 22, 2016 8:01 AM ESTAnalog Devices (NASDAQ: ADI) reported Q4 EPS of $1.05, $0.16 better than the analyst estimate of $0.89. Revenue for the quarter came in at $1 million versus the consensus estimate of $942.58 million.
GUIDANCE:
Analog Devices sees Q1 2017 EPS of $0.68-$0.78, versus the consensus of $0.72. Analog Devices sees Q1... More
