Earnings Summary
- Upcoming
Earnings Date - Jul. 22Estimated
- Actual EPS
(Apr. 22) - $1.17 Beat By $0.04
- Consensus EPS
(Apr. 22) - $1.13
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Earnings Per ShareRevenue
CDNS Earnings Estimates and Actuals by Quarter
The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.
CDNS Estimated and Actual Revenue by Quarter
The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.
Cadence Design Systems Analyst EPS Estimates
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate | Company Guidance |
|---|---|---|---|---|---|
| Q1 2024 | 3 | $0.85 | $1.03 | $0.97 | 1.100 - 1.140 |
| Q2 2024 | 3 | $0.95 | $1.09 | $1.00 | 1.200 - 1.240 |
| Q3 2024 | 3 | $1.16 | $1.33 | $1.26 | |
| Q4 2024 | 3 | $1.27 | $1.55 | $1.45 | |
| FY 2024 | 12 | $4.23 | $5.00 | $4.69 | |
| Q1 2025 | 2 | $1.16 | $1.17 | $1.17 | |
| Q2 2025 | 2 | $1.25 | $1.28 | $1.27 | |
| Q3 2025 | 2 | $1.32 | $1.49 | $1.41 | |
| Q4 2025 | 2 | $1.58 | $1.62 | $1.60 | |
| FY 2025 | 8 | $5.31 | $5.56 | $5.44 | |
| Q1 2026 | 1 | $1.41 | $1.41 | $1.41 |
CDNS Earnings Date and Information
Cadence Design Systems last released its earnings results on April 22nd, 2024. The software maker reported $1.17 EPS for the quarter, topping analysts' consensus estimates of $1.13 by $0.04. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1 billion. Its revenue for the quarter was down 1.2% on a year-over-year basis. Cadence Design Systems has generated $3.84 earnings per share over the last year ($3.84 diluted earnings per share) and currently has a price-to-earnings ratio of 75.5. Earnings for Cadence Design Systems are expected to grow by 21.38% in the coming year, from $4.77 to $5.79 per share. Cadence Design Systems has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Monday, July 22nd, 2024 based off prior year's report dates.
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Cadence Design Systems Earnings History by Quarter
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Cadence Design Systems Earnings - Frequently Asked Questions
When is Cadence Design Systems's earnings date?
Cadence Design Systems has not confirmed its next earnings publication date, but the company's estimated earnings date is Monday, July 22nd, 2024 based off last year's report dates. Learn more on CDNS's earnings history.
Did Cadence Design Systems beat their earnings estimates last quarter?
In the previous quarter, Cadence Design Systems (NASDAQ:CDNS) reported $1.17 earnings per share (EPS) to beat the analysts' consensus estimate of $1.13 by $0.04. Learn more on analysts' earnings estimate vs. CDNS's actual earnings.
How can I listen to Cadence Design Systems's earnings conference call?
The conference call for Cadence Design Systems's latest earnings report can be listened to online. Listen to Conference Call
How can I read Cadence Design Systems's conference call transcript?
The conference call transcript for Cadence Design Systems's latest earnings report can be read online. Read Transcript
How much revenue does Cadence Design Systems generate each year?
Cadence Design Systems (NASDAQ:CDNS) has a recorded annual revenue of $4.09 billion.
How much profit does Cadence Design Systems generate each year?
Cadence Design Systems (NASDAQ:CDNS) has a recorded net income of $1.04 billion. CDNS has generated $3.84 earnings per share over the last four quarters.
What is Cadence Design Systems's price-to-earnings ratio?
Cadence Design Systems (NASDAQ:CDNS) has a trailing price-to-earnings ratio of 75.46 and a forward price-to-earnings ratio of 60.74. The price/earnings-to-growth ratio is 3.62.
What is Cadence Design Systems's EPS forecast for next year?
Cadence Design Systems's earnings are expected to grow from $4.77 per share to $5.79 per share in the next year, which is a 21.38% increase.
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