CDNS Stock Before Q3 Earnings Release: To Buy or Not to Buy?

Cadence Design Systems, Inc (CDNS) is scheduled to release third-quarter 2024 results on Oct. 28. The Zacks Consensus Estimate for third-quarter 2024 earnings has been unchanged in the past 60 days at $1.44 per share. The consensus mark implies an increase of 14.3$1.18 billion, indicating a 15.7% uptick from the year-ago actual.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.CDNS’ E ...