Cadence Design Systems Q1 2023 Earnings Preview
Cadence Design Systems (NASDAQ:CDNS) is scheduled to announce Q1 earnings results on Monday, April 24th, after market close.
The consensus EPS Estimate is $1.25 (+6.8% Y/Y) and the consensus Revenue Estimate is $1B (+10.9% 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 10 upward revisions and 0 downward. Revenue estimates have seen 10 upward revisions  and 0 downward.