Institutional investors, including Jackson Wealth Management LLC, increased stakes in Cadence Design Systems during Q3, and the company reported Q3 EPS of $1.38, surpassing estimates.
Institutional investors, including Jackson Wealth Management LLC, increased their stakes in Cadence Design Systems, Inc. during Q3, with shares purchased by Kadensa Capital Ltd and other funds. The software maker reported Q3 earnings of $1.38 EPS, surpassing analysts' consensus estimates of $1.33. Analysts anticipate 4.8 EPS for the current fiscal year, with mixed outlooks on the company.
March 05, 2024
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