Core Insights - Wall Street analysts anticipate Synopsys (SNPS) to report quarterly earnings of $3.84 per share, reflecting a year-over-year increase of 12% [1] - Expected revenues for Synopsys are projected at $1.77 billion, which represents a 15.9% increase from the same quarter last year [1] - There have been no revisions in the consensus EPS estimate over the past 30 days, indicating stability in analysts' projections [1] Revenue Projections - Analysts estimate 'Revenue- Maintenance and service' to be $290.38 million, indicating a year-over-year change of +3.7% [4] - The projected 'Revenue- Total products revenue' is $1.48 billion, suggesting a +19% change from the previous year [4] - 'Revenue by segment- Design IP' is expected to reach $539.28 million, reflecting a +16.5% year-over-year increase [4] - 'Revenue by segment- Design Automation' is forecasted to be $1.23 billion, indicating a +16.2% change from the prior-year quarter [5] - 'Revenue- Upfront products' is estimated at $532.56 million, suggesting a +20.4% year-over-year increase [5] - 'Revenue- Time-based products' is projected to reach $945.56 million, reflecting a +17.7% year-over-year change [5] Stock Performance - Over the past month, shares of Synopsys have decreased by 5.4%, contrasting with the Zacks S&P 500 composite's increase of 3.6% [6] - Synopsys currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the overall market in the near future [6]
Synopsys (SNPS) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates