CDNS

2024Q1AMC

Cadence Design Systems Inc primary · TECHNOLOGY · SOFTWARE - APPLICATION

Report 2024-04-22 · Fiscal end 2024-03-31 · Features as of 2024-04-22

← Earnings history

Pre-Earnings Data

Expectations & setup

Street

Consensus EPS1.13
Consensus rev—
EPS high—
EPS low—
Dispersion—
Analysts—
EPS rev net 7d—
EPS rev net 30d—
Consensus Δ 7d—
Consensus Δ 30d—

Options

Implied move2.3%
IV front—
P/C full—
P/C front—
Features as of2024-04-22

Run-up

Close—
Ret 5d-5.5%
Ret 10d-8.4%
Ret 20d-11.7%
Ret 30d-7.6%

Post-Earnings Data

Results & reaction

Print

Actual EPS
1.17Beat
Estimated EPS1.13
Actual revenue
1.0B
Surprise %+3.5%
Beat / missBeat
Beat streak 44
Beat streak 88

Reaction

1-day stock reaction+1.4%
Implied vs actual

Implied 2.3%Actual 2.5%

Gap reaction-2.5%
Day result-1.1%
Next-day upYes
Realized / IV1.08×

Post tape

Post 5d-2.2%
Post 10d+0.8%
Post volume4.7M
Vol ×10d2.89×
Vol ×20d3.43×
Post range3.8%