A Preview Of Cadence Design Sys's Earnings
Portfolio Pulse from Benzinga Insights
Cadence Design Sys (NASDAQ:CDNS) is set to release its quarterly earnings report on Monday, 2023-07-24. Analysts estimate an EPS of $1.18. The company's past performance shows a mixed impact on the share price post-earnings release. The stock was trading at $238.79 as of July 20, with a 45.55% increase over the last 52-week period.
July 21, 2023 | 2:01 pm
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Cadence Design Sys is expected to announce its Q2 earnings on 2023-07-24. The stock has shown mixed reactions to past earnings, but overall, it has grown by 45.55% over the last 52 weeks.
The upcoming earnings report is a significant event for Cadence Design Sys. However, the stock's reaction to past earnings has been mixed, making it difficult to predict the short-term impact. The overall positive trend over the last 52 weeks suggests investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100