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Synopsys's Earnings Outlook

Benzinga ·  Dec 3 22:00

Synopsys(NASDAQ:SNPS) is set to give its latest quarterly earnings report on Wednesday, 2024-12-04. Here's what investors need to know before the announcement.

Analysts estimate that Synopsys will report anearnings per share(EPS) of $3.30.

The market awaits Synopsys's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Historical Earnings Performance

During the last quarter, the company reported an EPS beat by $0.15, leading to a 2.94% drop in the share price on the...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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