Analog Devices Inc. (ADI) reported second quarter adjusted EPS of $0.52 after the close Tuesday, which matched the consensus estimate. The company expects to report third quarter EPS of $0.51 to $0.56, compared to the consensus estimate of $0.58. The stock is now down 1.04 on 49K shares.
Analog Devices gapped open slightly lower Tuesday, but moved in a narrow range throughout the session. Shares finished down by 0.31 at $46.56. The stock closed near the middle of a week and a half long range.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.