Cadence Design Systems (CDNS) is set to announce earnings this Tuesday. Analysts expect revenue to grow 5.1% year-on-year to $1.43 billion and adjusted earnings of $1.91 per share. The company has generally exceeded revenue estimates in the past, and its stock is down 2.5% over the last month, with an average analyst price target significantly above its current share price.
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Cadence Design Systems Earnings: What To Look For From CDNS
Cadence Design Systems (CDNS) is set to announce earnings this Tuesday. Analysts expect revenue to grow 5.1% year-on-year to $1.43 billion and adjusted earnings of $1.91 per share. The company has generally exceeded revenue estimates in the past, and its stock is down 2.5% over the last month, with an average analyst price target significantly above its current share price.