NASDAQ:CDNS

Cadence Design Systems Earning Date

USA |NASDAQ |USD

CDNS Earnings Date

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Report Date Period Ending EPS Forecast Last Quarter's EPS Last Year's EPS
Oct 25, 2021 Sep 2021 $0.75 $0.86 $0.70
Report Date Period Ending Revenue Forecast Last Quarter’s Revenue Last Year’s Revenue
Oct 25, 2021 Sep 2021 $743.93M $728.28M $666.61M

Cadence Design Systems's next earnings date is Monday, Oct 25, 2021 for the fiscal quarter ending Sep 2021.

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
Dec 2021 12 $0.75 $0.72 $0.82
Period End # of Analysts EPS Forecast Low EPS Forecast High EPS Forecast
Dec 2021 13 $3.17 $3.14 $3.22
Dec 2022 13 $3.47 $3.27 $3.59

CDNS Earnings Revision Trend

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Period End Up/Down 1M 1M Trend 2M Trend 3M Trend
Dec 2021 0 / 0 $0.75 $0.74 $0.74
Period End Up/Down 1M 1M Trend 2M Trend 3M Trend
Dec 2021 0 / 0 $3.17 $3.17 $3.03
Dec 2022 0 / 0 $3.47 $3.46 $3.34

CDNS Revenue Forecast

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Period End # of Analysts Revenue Forecast Low Revenue Forecast High Revenue Forecast
Dec 2021 12 $747.07M $734.30M $769.60M
Period End # of Analysts EPS Forecast Low EPS Forecast High EPS Forecast
Dec 2021 13 $2.95B $2.94B $2.97B
Dec 2022 13 $3.18B $3.06B $3.27B

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: Sep 2021 (FQ)

CDNS's next earnings date is Monday, Oct 25, 2021 for the fiscal quarter ending Sep 30, 2021.

According to 13 analysts, the average EPS estimation for Cadence Design Systems's next quarterly earnings is $0.75, with a low EPS estimation of $0.74, and a high estimation of $0.81.

Over the last 1 month, EPS estimates have seen 0 upward revisions and 0 downward. The EPS 1 month trend is $0.75, the last 2 month trend is $0.76, and the 3 month trend is $0.74.

Based on 11 analysts, the average revenue estimation is $743.93M, with a low revenue estimation of $735.30M, and a high estimation of $778.20M.

Cadence Design Systems Previous Earnings Dates & Reports

CDNS Previous Earnings Date & Report Recap: Jun 2021 (FQ)

Cadence Design Systems's previous earnings date was Jul 26, 2021 for its fiscal quarter ended Jun 30, 2021.

CDNS's earnings per share (EPS) was $0.86, beating the consensus analysts forecast of $0.76 by 13.55%.

The EPS was higher than the previous fiscal quarter (Mar 2021) by 3.61%, and higher than the same period a year before (Jun 2020) by 30.30%.

Revenues were $728.28M, better than the forecast of $721.16M by 0.99%, down by -1.05% from the previous quarter , and up by 14.08% from the same period last year.

The company reported a net income of $155.90M, -16.71% lower than the previous quarter, and higher by 18.75% than the same period a year before.

Free cash flow for the quarter was $366.20M , compared to $191.47M last quarter and $323.77M a year before.

CDNS ended the quarter with $347.19M in total debt, an increase of 0.06% compared to the previous quarter, and a decrease of -50.15% compared to the same quarter a year before.

CDNS Previous Earnings Date & Report Recap: Dec 2020 (FY)

Cadence Design Systems's previous annual earnings date was Feb 22, 2021 for its fiscal year ended Dec 31, 2020.

CDNS's earnings per share (EPS) was $2.79, beating the consensus analysts forecast of $2.70 by 3.33% , and higher than the previous year's EPS (Dec 2019) by 27.40%.

Revenues were $2.68B, better than the forecast of $2.65B by 1.06%, and up by 14.83% from previous year's revenue.

The company reported a net income of $590.64M, -40.28% lower than the previous year.

Cadence Design Systems reported a free cash flow of $810.11M for its fiscal year, compared to $655.00M a year ago.

The company ended the fiscal year with $460.71M in total debt, an increase of 33.15% compared to the previous year.