<div id="readability-page-1"><div><figure></figure>Manufacturer of analog chips Analog Devices will be reporting earnings this Wednesday morning. Here’s what to look for.Analog Devices beat analysts’ revenue expectations last quarter, reporting revenues of $3.16 billion, up 30.4% year on year. It was a very strong quarter for the company, with revenue guidance for next quarter exceeding analysts’ expectations and a beat of analysts’ EPS estimates.Is Analog Devices a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.This quarter, the market is expecting Analog Devices’s revenue to grow 33.2% year on year, improving from the 22.3% increase it recorded in the same quarter last year.<figure></figure>The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Analog Devices has a history of exceeding Wall Street’s expectations.Looking at Analog Devices’s peers in the analog semiconductors segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Texas Instruments delivered year-on-year revenue growth of 18.6%, beating analysts’ expectations by 6.6%, and Microchip Technology reported revenues up 35.1%, topping estimates by 3.8%. Texas Instruments traded up 19.4% following the results while Microchip Technology was down 2.5%.Read our full analysis of Texas Instruments’s results here and Microchip Technology’s results here.There has been positive sentiment among investors in the analog semiconductors segment, with share prices up 17.8% on average over the last month. Analog Devices is up 10.4% during the same time and is heading into earnings with an average analyst price target of $408.03 (compared to the current share price of $420.60).WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it.This is what the early days of Palantir looked like before it became a $437 billion giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE.</div></div>

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Analog Devices (ADI) is set to report Q1 earnings, with expectations of a 33.2% year-on-year revenue growth, following a strong previous quarter where revenues reached $3.16 billion. Analysts have reaffirmed their estimates, indicating confidence in the company's performance. Peers like Texas Instruments and Microchip Technology have shown positive results, contributing to a favorable sentiment in the analog semiconductors sector. Currently, ADI's share price is $420.60, with an average analyst price target of $408.03.

Analog Devices (ADI) Q1 Earnings: What To Expect