Cadence Design Systems, Inc. (CDNS) is a company that regularly reports its earnings. Investors and analysts closely follow these reports to assess the financial performance of the company. Understanding the earnings history of Cadence Design can provide valuable insights into its growth and profitability over time.
- Cadence Design Systems, Inc. (CDNS) regularly reports its earnings.
- Following Cadence Design’s earnings history can offer insights into its growth and profitability.
- Investors and analysts closely follow Cadence Design’s earnings reports to assess the company’s financial performance.
- Stay updated on Cadence Design’s earnings by subscribing to financial news services or following the company’s investor relations page.
- Monitoring CDNS stock performance can help gauge market sentiment towards the company.
Current Stock Performance of Cadence Design (CDNS)
As of the latest after-market trading, the stock symbol for Cadence Design is CDNS. The stock is currently priced at $296.55 USD, with a 2.08% increase. This performance reflects the market’s confidence in the company’s prospects. Monitoring the stock performance can help investors gauge market sentiment towards Cadence Design.
To provide a visual representation of Cadence Design’s stock performance, the following table presents the historical stock prices:
|Stock Price (USD)
|January 1, 2022
|February 1, 2022
|March 1, 2022
|April 1, 2022
Note: The stock price data provided is for illustrative purposes only and does not represent real-time or current market prices.
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Understanding the historical stock performance of Cadence Design can help investors assess the company’s growth and market trends. This information can be valuable when making informed investment decisions.
Zacks Rank and Style Scores for Cadence Design (CDNS)
Cadence Design Systems, Inc. (CDNS) holds a Zacks Rank of 3 (Hold) out of 5, indicating a neutral stance. This rank is based on a comprehensive analysis of various factors such as earnings estimates, revenue trends, and other key financial metrics. The Zacks Rank provides investors with valuable insights into a company’s potential performance and helps guide their investment decisions.
In addition to the Zacks Rank, Cadence Design boasts excellent Style Scores for Value, Growth, and Momentum. These scores reflect the company’s alignment with different trading styles and indicate its strong performance across multiple factors that influence stock prices.
The table below summarizes the Zacks Rank and Style Scores for Cadence Design:
|Cadence Design (CDNS)
These Style Scores serve as a useful tool for investors to evaluate the suitability of Cadence Design as an investment option based on their preferred trading style. Whether one focuses on value, growth, or momentum, Cadence Design’s strong scores across these categories highlight its potential to deliver favorable returns.
By considering both the Zacks Rank and Style Scores, investors can make informed decisions about incorporating Cadence Design (CDNS) into their portfolios, aligning their investments with the company’s financial strengths and their personal trading strategies.
Earnings Summary for Cadence Design (CDNS)
In the last quarter, Cadence Design Systems reported earnings of $1.26 per share, surpassing the Zacks Consensus Estimate of $1.21 per share. This represents a positive earnings surprise of 4.13%. Investors should keep an eye out for the next earnings release on February 12, 2024, where the company is expected to report earnings of $1.34 per share, reflecting a year-over-year increase of 39.58%.
CDNS Earnings Estimates and Actuals by Quarter
Cadence Design Systems has consistently outperformed analysts’ expectations with its earnings reports. The table below illustrates the company’s earnings estimates and actual earnings per share for each reporting period, providing valuable insights into its financial performance over time.
|Earnings Estimate (EPS)
|Actual Earnings (EPS)
As seen in the table, Cadence Design consistently surpasses the earnings estimates, demonstrating its strong financial performance and ability to deliver value to its shareholders. This history of consistently beating earnings estimates is a positive indication of the company’s growth potential and its ability to execute its business strategies effectively.
CDNS Estimated and Actual Revenue by Quarter
Revenue figures play a crucial role in evaluating the financial performance of Cadence Design Systems alongside its earnings. The table below presents the estimated revenue and actual revenue for each reporting period, providing insights into the company’s revenue history:
|Estimated Revenue (in millions)
|Actual Revenue (in millions)
By tracking revenue performance, investors and analysts can gain a comprehensive understanding of Cadence Design Systems’ growth trajectory and market trends. Understanding the relationship between estimated and actual revenue figures enables stakeholders to evaluate the company’s ability to generate consistent revenue and meet market expectations.
Upcoming Earnings Date for Cadence Design (CDNS)
Cadence Design Systems, a leading company in the semiconductor industry, has announced that its next earnings release is scheduled for February 12, 2024. This highly anticipated event provides investors with an opportunity to gain valuable insights into the financial performance of Cadence Design and evaluate the company’s growth prospects.
By marking your calendars with this important date, you can ensure that you stay informed about the latest announcements and financial updates from Cadence Design. Whether you are a seasoned investor or someone looking to explore new investment opportunities, keeping track of the upcoming earnings release is essential for making well-informed decisions.
During the earnings call, key executives and stakeholders will discuss the company’s financial results, including revenue, earnings per share, and other vital metrics. Investors eagerly await this occasion to assess the company’s performance and gain insights into its future prospects.
Marked by innovation and technological advancement, Cadence Design (CDNS) has consistently been a driving force in the semiconductor industry. Its upcoming earnings release date presents an exciting opportunity for investors and market enthusiasts alike to analyze the company’s financial performance and stay ahead of the curve in the fast-paced world of tech investments.
Cadence Design (CDNS) Earnings History by Quarter
Cadence Design Systems has consistently surpassed analysts’ earnings expectations, demonstrating its strong financial performance over time. The table below presents the estimated earnings per share (EPS) and the reported EPS for each quarter, along with the percentage of earnings surprise.
|Earnings Surprise (%)
This earnings history highlights Cadence Design’s impressive track record of consistently delivering solid financial results and surpassing market expectations. Investors can gain valuable insights by closely monitoring the company’s quarterly earnings reports and analyzing the earnings surprises.
CDNS Earnings-Related Price Changes
Following the release of earnings reports, the stock price of Cadence Design Systems often experiences price changes. The market’s reaction to the company’s financial performance can significantly impact the stock price, presenting opportunities for investors.
Below is a table that highlights the stock price one day before and one day after each earnings report, providing valuable insights into the market’s response to CDNS earnings:
|Earnings Report Date
|Stock Price (1 Day Before)
|Stock Price (1 Day After)
|February 12, 2023
|May 10, 2023
|August 8, 2023
|November 7, 2023
|February 12, 2024 (Upcoming)
By analyzing the historical price changes, investors can gain insights into the market’s perception of Cadence Design Systems’ financial performance. It is important to note that past price changes do not guarantee future results, but they can provide useful information for making informed investment decisions.
Continue to the next section to explore key takeaways from Cadence Design (CDNS) earnings.
Key Takeaways from Cadence Design (CDNS) Earnings
When analyzing the earnings reports of Cadence Design Systems (CDNS), investors can gain valuable insights into the company’s financial performance, growth, and market sentiment. By paying close attention to key metrics such as earnings surprises, revenue figures, and stock price changes, investors can make more informed decisions regarding their investments in CDNS.
Earnings surprises occur when a company’s reported earnings per share (EPS) exceed or fall short of analysts’ expectations. These surprises can provide indications of a company’s ability to outperform or underperform market expectations. For CDNS, a history of positive earnings surprises can signal strong financial performance and increased investor confidence.
In addition to earnings, monitoring revenue figures is crucial in assessing the growth and market trends of Cadence Design. Consistent revenue growth can demonstrate a company’s ability to attract customers and expand its market share. Conversely, declining revenue may raise concerns about the company’s competitiveness and market position.
|Estimated Revenue ($)
|Actual Revenue ($)
Stock Price Changes
Following the release of earnings reports, the stock price of CDNS may experience significant changes. Positive earnings reports often lead to an increase in stock price as investors react favorably to the company’s strong financial performance. On the other hand, disappointing earnings results can result in a decrease in the stock price. Tracking these price changes can help investors gauge market sentiment towards CDNS.
|Stock Price Before Earnings ($)
|Stock Price After Earnings ($)
By considering these key takeaways from CDNS earnings reports, investors can better understand the company’s financial performance and make educated investment decisions. It is crucial to stay updated on future earnings releases and closely monitor the company’s progress to adapt investment strategies accordingly.
Stay Updated on Cadence Design (CDNS) Earnings
To stay updated on the latest developments regarding Cadence Design Systems’ earnings, investors have several options. One option is to subscribe to reputable financial news services that provide regular updates on CDNS earnings. These services offer insightful analysis, expert opinions, and timely information that can assist investors in making well-informed decisions.
Investors can also follow Cadence Design Systems’ investor relations page. This page typically provides official announcements, earnings release dates, and other important updates directly from the company. Following the investor relations page ensures that investors receive accurate and up-to-date information straight from the source.
Another valuable resource for staying updated on CDNS earnings is reputable financial publications. These publications often feature in-depth analysis, interviews with company executives, and market insights related to Cadence Design Systems. By consulting these publications, investors can gain a comprehensive understanding of the company’s financial performance and outlook.
When does Cadence Design Systems (CDNS) report its earnings?
Cadence Design Systems reports its earnings on a quarterly basis. The next earnings release is scheduled for February 12, 2024.
What is the stock symbol for Cadence Design Systems?
The stock symbol for Cadence Design Systems is CDNS.
How can I monitor the stock performance of Cadence Design Systems?
You can track the stock performance of Cadence Design Systems by checking the stock symbol CDNS on various financial platforms or by consulting a reputable financial publication.
What is the Zacks Rank and Style Scores for Cadence Design Systems?
Cadence Design Systems receives a Zacks Rank of 3 (Hold) out of 5. It also has excellent Style Scores for Value, Growth, and Momentum, with an overall VGM Score of A.
What were the latest earnings reported by Cadence Design Systems?
In the last quarter, Cadence Design Systems reported earnings of $1.26 per share, surpassing the Zacks Consensus Estimate of $1.21 per share.
How does Cadence Design Systems usually perform in terms of earnings?
Cadence Design Systems has a history of beating analysts’ earnings expectations.
What is the history of CDNS earnings estimates and actual earnings per share?
The chart below showcases the estimated EPS and reported EPS for each quarter, along with the earnings surprise percentage.
What is the history of CDNS estimated revenue and actual revenue?
The chart below illustrates the company’s estimated revenue and actual revenue for each reporting period.
When is the next earnings release date for Cadence Design Systems?
The next earnings release for Cadence Design Systems is scheduled for February 12, 2024.
How has Cadence Design Systems performed in terms of earnings surprises?
Cadence Design Systems has a consistent track record of delivering solid financial results.
How does the stock price of Cadence Design Systems react to earnings reports?
The table below highlights the stock price one day before and one day after each earnings report, providing insights into how the market reacts to the company’s financial performance.
What are the key takeaways from Cadence Design Systems’ earnings?
The earnings reports of Cadence Design Systems provide valuable insights into the company’s financial performance, growth, and market sentiment.
How can I stay updated on the latest developments regarding Cadence Design Systems’ earnings?
To stay updated on the latest developments regarding Cadence Design Systems’ earnings, you can subscribe to a variety of financial news services, follow the company’s investor relations page, or consult reputable financial publications.
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