Cadence Design Systems (CDNS) Earnings Date, Estimates & Call Transcripts $301.47 +1.60 (+0.53%) (As of 12/20/2024 05:31 PM ET) Add Compare Share Share Earnings Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Cadence Design Systems Latest Earnings SummaryActual EPS (Oct. 28) $1.64 Beat By $0.20 Consensus EPS (Oct. 28) $1.44 Cadence Design Systems announced Q3 2024 earnings on October 28, 2024, reporting an EPS of $1.64, which topped analysts' consensus estimates of $1.44 by $0.20. Quarterly revenue rose 18.8% year-over-year to $1.22 billion, above analyst estimates of $1.18 billion. With a trailing EPS of $3.81 and a P/E Ratio of 79.13, Cadence Design Systems' earnings are expected to grow 17.89% next year, from $4.75 to $5.60 per share. Conference CallConference Call TranscriptPowered by Get Cadence Design Systems Earnings Alerts Want to stay updated on the latest earnings announcements and upcoming reports? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Cadence Design Systems and other key companies, straight to your inbox. Enter your email to sign up for newsletter Sign Up Skip Charts & View Estimated and Actual Earnings DataCDNS Earnings Estimates and Actuals by QuarterEarnings Estimates and Acutals by Quarter Chart DescriptionThe 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 QuarterEstimated Revenue and Actual Revenue by Quarter Chart DescriptionThe 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 EstimatesQuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany GuidanceQ1 20243$0.85$1.03$0.971.100 - 1.140Q2 20243$0.95$1.09$1.001.200 - 1.240Q3 20243$1.08$1.16$1.111.390 - 1.490Q4 20243$1.27$1.64$1.461.780 - 1.840FY 202412$4.15$4.92$4.55 Q1 20252$1.10$1.21$1.16 Q2 20252$1.22$1.27$1.25 Q3 20252$1.35$1.35$1.35 Q4 20252$1.57$1.58$1.58 FY 20258$5.24$5.41$5.33 Q1 20261$1.51$1.51$1.51 Q2 20261$1.58$1.58$1.58 Cadence Design Systems Earnings History by Quarter Custom Range 3 Months 6 Months Year-to-Date 1 Year 2 Years 3 Years 5 Years 10 Years Time Frame * Start Date * End Date Export to Excel DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails10/28/2024Q3 2024$1.44$1.64+$0.20$1.63$1.18B$1.22B7/22/2024Q2 2024$1.22$1.28+$0.06$1.08$1.04B$1.06B4/22/2024Q1 2024$1.1280$1.17+$0.0420$0.79$1.00B$1.01B2/12/2024Q4 2023$1.33$1.38+$0.05$0.93$1.06B$1.07B10/23/2023Q3 2023$1.20$1.26+$0.06$1.09$1.00B$1.02B7/24/2023Q2 2023$1.18$1.22+$0.04$1.07$975.99M$977.00M Get the Latest News and Ratings for CDNS and Related StocksEnter your email address below to receive the latest news and analysts' ratings for Cadence Design Systems and its competitors with MarketBeat's FREE daily newsletter. 4/24/2023Q1 2023$1.2480$1.29+$0.0420$1.15$1.01B$1.02B2/13/2023Q4 2022$0.92$0.96+$0.04$0.62$884.23M$899.88M Cadence Design Systems Earnings - Frequently Asked Questions When did Cadence Design Systems announce their last quarterly earnings? Cadence Design Systems (NASDAQ:CDNS) last announced its quarterly earning data on Monday, October 28, 2024. Learn more on CDNS's earnings history. What guidance has Cadence Design Systems issued on next quarter's earnings? Cadence Design Systems issued an update on its FY 2024 earnings guidance on Monday, October, 28th. The company provided earnings per share (EPS) guidance of 5.870-5.930 for the period, compared to the consensus earnings per share estimate of 5.890. The company issued revenue guidance of $4.6 billion-$4.7 billion, compared to the consensus revenue estimate of $4.6 billion. Did Cadence Design Systems beat their earnings estimates last quarter? In the previous quarter, Cadence Design Systems (NASDAQ:CDNS) reported $1.64 earnings per share (EPS) to beat the analysts' consensus estimate of $1.44 by $0.20. 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 $4.35 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 $3.81 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 79.13 and a forward price-to-earnings ratio of 63.47. The price/earnings-to-growth ratio is 4.19. What is Cadence Design Systems's EPS forecast for next year? Cadence Design Systems's earnings are expected to grow from $4.75 per share to $5.60 per share in the next year, which is a 17.89% increase. 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