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Pre-Market: Dec 20, 4:34 PM EDT
Companies issue guidance, or expectations of future EPS and revenue, so investors have a sense of how much money a company will make in a future period.
The most recent guidance for Cadence Design Sys (CDNS) was reported on October 28, 2024 for Q4 2024. The company provided earnings per share guidance in the range of $1.78 to $1.84, compared to the estimated EPS of $1.98. Additionally, Cadence Design Sys forecasted revenue between $1.33B and $1.37B for the quarter.
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