Analog Devices (ADI) Misses Q4 EPS by 3c, Q1 EPS Guidance Misses

November 26, 2019 8:02 AM EST

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Analog Devices (NASDAQ: ADI) reported Q4 EPS of $1.19, $0.03 worse than the analyst estimate of $1.22. Revenue for the quarter came in at $1.44 billion versus the consensus estimate of $1.45 billion.

GUIDANCE:

Analog Devices sees Q1 2020 EPS of $1.00, versus the consensus of $1.18. Analog Devices sees Q1 2020 revenue of $1.3 billion, versus the consensus of $1.43 billion.

  • For the first quarter of fiscal 2020, we are forecasting revenue of $1.30 billion, +/- $50 million. At the midpoint of this revenue outlook, we expect reported operating margins of approximately 23.7%, and adjusted operating margins of approximately 36.7%. We are planning for reported EPS to be $0.61, +/- $0.07, and adjusted EPS to be $1.00, +/- $0.07.
  • Our first quarter fiscal 2020 outlook is based on current expectations and actual results may differ materially, as a result of, among other things, the important factors discussed at the end of this release. These statements supersede all prior statements regarding our business outlook set forth in prior ADI news releases, and ADI disclaims any obligation to update these forward-looking statements.
  • The adjusted results and adjusted anticipated results above are financial measures presented on a non-GAAP basis. Reconciliations of these non-GAAP financial measures to their most directly comparable GAAP financial measures are provided in the financial tables included in this press release. See also “Non-GAAP Financial Information” section for additional information.

For earnings history and earnings-related data on Analog Devices (ADI) click here.



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