Earnings Preview for Synopsys

On Wednesday, August 19, Synopsys SNPS will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings and Revenue

Based on management's projections, Synopsys analysts model for earnings of $1.34 per share on sales of $894.12 million. Synopsys reported a per-share profit of $1.18 when it published results during the same quarter last year. Sales in that period totaled $852.97 million. If the company were to match the consensus estimate when it reports Wednesday, EPS would be up 13.56%. Revenue would be up 4.82% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are up 52.12%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Synopsys is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://www.synopsys.com/company/investor-relations/investor-presentations.html