Multiple technology and industrial firms prepare for quarterly earnings reports

Several companies in the technology, electronic components, and building operations sectors are scheduled to report their quarterly earnings.

Cadence Design Systems, an electronic design automation company, is set to report results with market expectations of 20.7% year-on-year revenue growth. The company previously reported revenues of $1.58 billion, a 24.2% increase.

Johnson Controls, a building operations firm, is expected to report revenue growth of approximately 9% year-on-year. This follows a previous quarter where the company reported $6.61 billion in revenue.

CTS Corporation, an electronic components manufacturer, will announce results with a projected revenue growth of 2.1%. This represents a slowdown compared to the 8% growth recorded in the same quarter last year. The company has a history of exceeding EPS guidance but has missed revenue estimates multiple times over the past two years.