Recap: Synopsys Q4 Earnings

Synopsys SNPS reported its Q4 earnings results on Wednesday, December 1, 2021 at 04:05 PM.

Here's what investors need to know about the announcement.

Synopsys beat estimated earnings by 2.25%, reporting an EPS of $1.82 versus an estimate of $1.78, which did not surprise analysts.

Revenue was up $127,000,000 from the same period last year.

Last quarter the company beat on EPS by $0.03, which was followed by a 8.73% increase in the share price the next day.

Here's a look at Synopsys's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	1.78	1.52	1.47	1.57
EPS Actual	1.81	1.70	1.52	1.58
Revenue Estimate	1.05B	988.70M	958.78M	1.03B
Revenue Actual	1.06B	1.02B	970.32M	1.02B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Synopsys management provided guidance for their next quarter, expecting earnings between $1.75 and $1.8 per share for the nextquarter.

This represents a -2.47% in quarter-over-quarter growth for Synopsys, a bearish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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