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Stock impact report

Cadence Design Systems (CDNS) Stock Moves -1.04%: What You Should 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 stock outperformed the S&P 500, which registered a daily loss of 1.07%. At the same time, the Dow lost 0.97%, and the tech-heavy Nasdaq lost 1.19%. The maker of hardware and software products for validating chip designs's stock has dropped by 0.58% in the past month, falling short of the Computer and Technology sector's gain of 4.8% and the S&P 500's loss of 0.36%. Investors will be eagerly watching for the performance of Cadence Design Systems in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $1.82, marking a 31.88% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.35 billion, showing a 26.13% escalation compared to the year-ago quarter. CDNS's full-year Zacks Consensus Estimates are calling for earnings of $5.91 per share and revenue of $4.63 billion. These results would represent year-over-year changes of +14.76% and +13.28%, respectively. Any rec Show less Read more
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