Cadence Design Systems Earning Date (CDNS)

USA |NASDAQ |USD

CDNS Earnings Date

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Report Date Period Ending EPS Forecast Last Quarter's EPS Last Year's EPS
Jul 25, 2022 Jun 2022 $0.97 $1.17 $0.86
Report Date Period Ending Revenue Forecast Last Quarter’s Revenue Last Year’s Revenue
Jul 25, 2022 Jun 2022 $837.42M $901.77M $728.28M

Cadence Design Systems's next earnings date is Monday, Jul 25, 2022 for the fiscal quarter ending Jun 2022.

CDNS Earnings Date & History Chart

CDNS Earnings & Revenue Forecast

CDNS Earnings Forecast

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Period End # of Analysts EPS Forecast Low EPS Forecast High EPS Forecast
Jun 2022 11 $0.97 $0.95 $0.99
Sep 2022 11 $0.93 $0.84 $1.24
Period End # of Analysts EPS Forecast Low EPS Forecast High EPS Forecast
Dec 2022 11 $3.95 $3.91 $4.00
Dec 2023 13 $4.43 $4.06 $4.86

CDNS Earnings Revision Trend

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Period End Up/Down 1M 1M Trend 2M Trend 3M Trend
Jun 2022 10 / 1 $0.92 $0.92 $0.86
Sep 2022 5 / 0 $0.92 $0.92 $0.91
Period End Up/Down 1M 1M Trend 2M Trend 3M Trend
Dec 2022 11 / 0 $3.80 $3.81 $3.56
Dec 2023 10 / 0 $4.27 $4.21 $3.91

CDNS Revenue Forecast

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Period End # of Analysts Revenue Forecast Low Revenue Forecast High Revenue Forecast
Jun 2022 11 $837.42M $834.00M $844.59M
Sep 2022 11 $846.19M $816.35M $978.83M
Period End # of Analysts EPS Forecast Low EPS Forecast High EPS Forecast
Dec 2022 11 $3.42B $3.42B $3.44B
Dec 2023 14 $3.75B $3.55B $3.91B

CDNS Earnings Date & Revenue History

CDNS Earnings History

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CDNS Revenue History

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Cadence Design Systems Next Earnings Date & Report

CDNS Next Earnings Date & Report Preview: Jun 2022 (FQ)

CDNS's next earnings date is Monday, Jul 25, 2022 for the fiscal quarter ending Jun 30, 2022.

According to 11 analysts, the average EPS estimation for Cadence Design Systems's next quarterly earnings is $0.97, with a low EPS estimation of $0.95, and a high estimation of $0.99.

Over the last 1 month, EPS estimates have seen 10 upward revisions and 1 downward. The EPS 1 month trend is $0.92, the last 2 month trend is $0.92, and the 3 month trend is $0.86.

Based on 13 analysts, the average revenue estimation is $837.42M, with a low revenue estimation of $834.00M, and a high estimation of $844.59M.

Cadence Design Systems Previous Earnings Dates & Reports

CDNS Previous Earnings Date & Report Recap: Mar 2022 (FQ)

Cadence Design Systems's previous earnings date was Apr 25, 2022 for its fiscal quarter ended Mar 31, 2022.

CDNS's earnings per share (EPS) was $1.17, beating the consensus analysts forecast of $1.02 by 14.71%.

The EPS was higher than the previous fiscal quarter (Dec 2021) by 42.68%, and higher than the same period a year before (Mar 2021) by 40.96%.

Revenues were $901.77M, better than the forecast of $857.32M by 5.18%, up by 16.65% from the previous quarter , and up by 22.52% from the same period last year.

The company reported a net income of $235.34M, 33.27% higher than the previous quarter, and higher by 25.73% than the same period a year before.

Free cash flow for the quarter was $317.73M , compared to $198.95M last quarter and $191.47M a year before.

CDNS ended the quarter with $347.79M in total debt, a decrease of -23.51% compared to the previous quarter, and an increase of 0.23% compared to the same quarter a year before.

CDNS Previous Earnings Date & Report Recap: Dec 2021 (FY)

Cadence Design Systems's previous annual earnings date was Feb 22, 2022 for its fiscal year ended Dec 31, 2021.

CDNS's earnings per share (EPS) was $3.31, beating the consensus analysts forecast of $3.13 by 5.75% , and higher than the previous year's EPS (Dec 2020) by 18.64%.

Revenues were $2.99B, better than the forecast of $2.97B by 0.53%, and up by 11.38% from previous year's revenue.

The company reported a net income of $695.96M, 17.83% higher than the previous year.

Cadence Design Systems reported a free cash flow of $1.03B for its fiscal year, compared to $810.11M a year ago.

The company ended the fiscal year with $454.71M in total debt, a decrease of -1.30% compared to the previous year.