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Stock impact report

Cadence Design Systems (CDNS) Stock Slides as Market Rises: Facts to Know Before You Trade [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 gain of 0.55%. Meanwhile, the Dow gained 1.01%, and the Nasdaq, a tech-heavy index, lost 0.14%. Prior to today's trading, shares of the maker of hardware and software products for validating chip designs had gained 2.47% over the past month. This has outpaced the Computer and Technology sector's loss of 8.88% and the S&P 500's loss of 6.22% in that time. The investment community will be paying close attention to the earnings performance of Cadence Design Systems in its upcoming release. In that report, analysts expect Cadence Design Systems to post earnings of $1.49 per share. This would mark year-over-year growth of 27.35%. Meanwhile, our latest consensus estimate is calling for revenue of $1.24 billion, up 22.76% from the prior-year quarter. For the full year, the Zacks Consensus Estimates are projecting earnings of $6.71 per share and revenue of $5.19 billion, which would represent changes of +12.4% and +11.76%, respectivel Show less Read more
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