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Stock impact report

Here's Why Cadence Design Systems (CDNS) Fell More Than Broader Market [Yahoo! Finance]

Cadence Design Systems, Inc. (CDNS) 
Last cadence design systems, inc. earnings: 4/20 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The stock's change was less than the S&P 500's daily loss of 0.29%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.31%. The the stock of maker of hardware and software products for validating chip designs has fallen by 2.34% in the past month, lagging the Computer and Technology sector's loss of 1.17% and the S&P 500's gain of 1.57%. The upcoming earnings release of Cadence Design Systems will be of great interest to investors. The company is expected to report EPS of $1.44, up 14.29% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $1.18 billion, showing a 15.7% escalation compared to the year-ago quarter. For the full year, the Zacks Consensus Estimates project earnings of $5.87 per share and a revenue of $4.63 billion, demonstrating changes of +13.98% and +13.18%, respectively, from the preceding year. Investors should also pay attention to any latest changes in anal Show less Read more
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