Cadence Design Systems (CDNS) Reports Strong 3Q Results despite challenging environment; RBC Capital Remains Positive
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Piper Jaffray Raises Price Target as Trends Remains Favorable for Cadence Design Systems (CDNS)
October 27, 2015 8:09 AM EDTPiper Jaffray reiterated an Overweight rating on Cadence Designs (NASDAQ: CDNS), and raised the price target to $26.00 (from $22.00), following the company's 3Q earnings results. CDNS reported revenue and non-GAAP EPS of $433.8M and $0.28. CDNS guided Q4 revenue and non-GAAP EPS at $434-$444M and $0.28-$0.30, respectively.
Analyst... More
Cadence Design Systems (CDNS) Records Beat and Raise in a Challenging Environment; Needham & Company Raises Price Target to $24
October 27, 2015 6:58 AM EDTNeedham & Company reiterated a Buy rating on Cadence Designs (NASDAQ: CDNS), and raised the price target to $24.00 (from $22.00), following the company's 3Q15 earnings results. Revenue and NG EPS of $434MM and $0.28 exceeded consensus of $429MM and $0.26. 2015 revenue guidance range was tightened to $1.695-1.705B (unchanged midpoint)... More
Cadence Design Systems (CDNS) Tops Q3 EPS by 2c, Offers Q4 Guidance
October 26, 2015 4:23 PM EDTCadence Design Systems (NASDAQ: CDNS) reported Q3 EPS of $0.28, $0.02 better than the analyst estimate of $0.26. Revenue for the quarter came in at $434 million versus the consensus estimate of $429.31 million.
Cadence Design Systems sees Q4 2015 EPS of $0.28-$0.30, versus the consensus of $0.28. Cadence Design... More
Trading Radar for 10/26: Crane (CR), Xerox (XRX), W.R. Berkley (WRB), Taubman Centers (TCO) Report
October 23, 2015 3:03 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Earnings:
Bank Of Hawaii Corp. (NYSE: BOH) - consensus EPS $0.95
Changyou.com (Nasdaq: CYOU) - consensus EPS $0.72
Check Point Software Technology (NYSE: (Nasdaq: ) - consensus EPS $0.98
JAKKS Pacific (Nasdaq: JAKK) - consensus EPS $1.09
Lab Corp. (NYSE: LH) - consensus EPS $2.07
LendingTree (Nasdaq: TREE) -... More
