Exploring Analyst Estimates for Cadence (CDNS) Q4 Earnings, Beyond Revenue and EPS
The upcoming report from Cadence Design Systems (CDNS) is expected to reveal quarterly earnings of $1.82 per share, indicating an increase of 31.9% compared to the year-ago period. Analysts forecast revenues of $1.35 billion, representing an increase of 26.1% year over year.The current level reflects a downward revision of 0.6% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections ove ...