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Stock impact report

Cadence Design Systems (CDNS) Outperforms Broader Market: What You Need to Know [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 latest trading session saw Cadence Design Systems (CDNS) ending at $269.90, denoting a +1.96% adjustment from its last day's close. This change outpaced the S&P 500's 0.75% gain on the day. At the same time, the Dow added 0.58%, and the tech-heavy Nasdaq gained 1%. Coming into today, shares of the maker of hardware and software products for validating chip designs had lost 2.6% in the past month. In that same time, the Computer and Technology sector gained 2.48%, while the S&P 500 gained 4.03%. The investment community will be closely monitoring the performance of Cadence Design Systems in its forthcoming earnings report. In that report, analysts expect Cadence Design Systems to post earnings of $1.44 per share. This would mark year-over-year growth of 14.29%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.18 billion, up 15.7% from the year-ago period. For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.87 per sh Show less Read more
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