Analog Devices Guides Q4 In Line With Estimates; Declares Dividend - Update

RTTNews | Před 371 dny
Analog Devices Guides Q4 In Line With Estimates; Declares Dividend - Update

(RTTNews) - While reporting financial results for the third quarter on Wednesday, semiconductor company Analog Devices Inc. (ADI) provided earnings and revenue guidance for the fourth quarter, in line with analysts' expectations.

For the fourth quarter, the company projects earnings in a range of $0.75 to $0.95 per share and adjusted earnings in a range of $1.53 to $1.73 per share on projected revenues between $2.30 billion and $2.50 billion.

On average, 24 analysts polled by Thomson Reuters expect the company to report earnings of $1.62 per share on revenues of $2.37 billion for the quarter. Analysts' estimates typically exclude special items.

The company's Board of Directors declared a quarterly cash dividend of $0.92 per outstanding share of common stock, payable on September 17, 2024 to all shareholders of record at the close of business on September 3, 2024.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Značky : ADI
read more
European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks are seen opening broadly higher on Thursday even as Nvidia's disappointing sales forecast raised concerns about the AI spending boom.
RTTNews | Před 17 minutami
Sensex Nifty Decline On Tariff Worries

Sensex Nifty Decline On Tariff Worries

Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.
RTTNews | Před 1 h 10 min
European Economic News Preview: Eurozone Economic Sentiment Data Due

European Economic News Preview: Eurozone Economic Sentiment Data Due

Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.
RTTNews | Před 1 h 11 min
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | Před 2 h 37 min
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
RTTNews | Před 2 h 52 min