Cadence (CADE) Tops Q2 Earnings and Revenue Estimates

Cadence (CADE) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for nonrecurring items. Cadence, which belongs to the Zacks Banks - Southeast industry, posted revenues of $456.98 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 3.95%. This compares to year-ago revenues of $465.84 million. The company has topped consensus revenue e ...