Gear Up for Cadence (CDNS) Q1 Earnings: Wall Street Estimates for Key Metrics

In its upcoming report, Cadence Design Systems (CDNS) is predicted by Wall Street analysts to post quarterly earnings of $1.49 per share, reflecting an increase of 27.4% compared to the same period last year. Revenues are forecasted to be$ 1.24 billion, representing a year-over-year increase of 22.7%.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of th ...