Cadence Design Sys (NASDAQ:CDNS) will release its quarterly earnings report on Monday, 2024-10-28. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Cadence Design Sys to report an earnings per share (EPS) of $1.44.

Anticipation surrounds Cadence Design Sys's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Overview of Past Earnings

The company's EPS beat by $0.06 in the last quarter, leading to a 1.42% drop in the share price...