What's in the Offing for Analog Devices (ADI) in Q2 Earnings?

Analog Devices, Inc. (ADI) is scheduled to report second-quarter fiscal 2024 results on May 22.For the fiscal second quarter, ADI expects revenues of $2.10 billion (+/-$ 100 million). The Zacks Consensus Estimate for ADI’s revenues is pegged at $2.10 billion, indicating a decline of 35.5% from the year-ago quarter’s reported figure.Analog Devices anticipates adjusted earnings per share of$ 1.26 (+/- $0.10). The consensus mark for fiscal second-quarter earnings is pinned at$ 1.26 per share, indicating a 55.5 ...