Cadence Design Systems Q2 2023 Earnings Preview
Cadence Design Systems (NASDAQ:CDNS) is scheduled to announce Q2 earnings results on Monday, July 24th, after market close.
The consensus EPS Estimate is $1.19 (+10.2% Y/Y) and the consensus Revenue Estimate is $977.39M (+14.0% Y/Y).
Over the last 2 years, CDNS has beaten EPS estimates 100% of the time and has beaten revenue estimates 100% of the time.
Over the last 3 months, EPS estimates have seen 1 upward revision and 10 downward. Revenue estimates have seen 2 upward revisions  and 8 downward.