CDNS Stock Before Q3 Earnings Release: To Buy or Not to Buy? [Yahoo! Finance]
Cadence Design Systems, Inc. (CDNS)
Last cadence design systems, inc. earnings: 4/20 04:05 pm
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US:NASDAQ Investor Relations:
cadence.com/company/investor_relations/index.aspx?lid=investor_relations
Company Research
Source: Yahoo! Finance
The Zacks Consensus Estimate for third-quarter 2024 earnings has been unchanged in the past 60 days at $1.44 per share. The consensus mark implies an increase of 14.3% from the year-ago actual. The Zacks Consensus Estimate for third-quarter 2024 revenues is pegged at $1.18 billion, indicating a 15.7% uptick from the year-ago actual. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. CDNS' Estimate Trend Image Source: Zacks Investment Research Cadence has an impressive earnings surprise history. In the trailing four quarters, the company's earnings outpaced the Zacks Consensus Estimate, with an average beat of 3.7%. Our proven model predicts an earnings beat for Cadence this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is exactly the case here. CDNS currently has a Zacks Rank #2 and an Earnings ESP of +0.69%. You can uncover the best stocks
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CDNS
News
- Cadence Design Systems, Inc. (NASDAQ: CDNS) is now covered by analysts at Wells Fargo & Company. They set an "overweight" rating and a $350.00 price target on the stock.MarketBeat
- Cadence Design Systems (CDNS) Fell Despite Reporting Strong Results [Yahoo! Finance]Yahoo! Finance
- Unpacking Q3 Earnings: Cadence (NASDAQ:CDNS) In The Context Of Other Design Software Stocks [Yahoo! Finance]Yahoo! Finance
- Workday Gains 17% in the Past Year: Reason to Buy WDAY Stock? [Yahoo! Finance]Yahoo! Finance
- Fortune and Great Place To Work® Name Cadence One of the World's Best Workplaces™ in 2024, Ranking No. 9 [Yahoo! Finance]Yahoo! Finance
CDNS
Earnings
- 10/28/24 - Beat
CDNS
Sec Filings
- 11/22/24 - Form 144
- 11/22/24 - Form 144
- 11/19/24 - Form 4
- CDNS's page on the SEC website