We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Unveiling PTC Inc. (PTC) Q2 Outlook: Wall Street Estimates for Key Metrics
Read MoreHide Full Article
The upcoming report from PTC Inc. (PTC - Free Report) is expected to reveal quarterly earnings of $1.23 per share, indicating an increase of 6% compared to the year-ago period. Analysts forecast revenues of $575.53 million, representing an increase of 6.2% year over year.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
That said, let's delve into the average estimates of some PTC Inc. metrics that Wall Street analysts commonly model and monitor.
The collective assessment of analysts points to an estimated 'Revenue- Recurring Revenue' of $530.86 million. The estimate indicates a change of +7.9% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenue- Professional Services' will likely reach $35.08 million. The estimate indicates a year-over-year change of -14.7%.
Analysts forecast 'Revenue- Total Software (License+Support & cloud services)' to reach $538.62 million. The estimate suggests a change of +7.5% year over year.
The consensus among analysts is that 'Revenue- Perpetual License' will reach $7.79 million. The estimate points to a change of -12.7% from the year-ago quarter.
It is projected by analysts that the 'ARR as reported' will reach $2.09 billion. The estimate compares to the year-ago value of $1.88 billion.
PTC Inc. shares have witnessed a change of -4.2% in the past month, in contrast to the Zacks S&P 500 composite's -2% move. With a Zacks Rank #3 (Hold), PTC is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Unveiling PTC Inc. (PTC) Q2 Outlook: Wall Street Estimates for Key Metrics
The upcoming report from PTC Inc. (PTC - Free Report) is expected to reveal quarterly earnings of $1.23 per share, indicating an increase of 6% compared to the year-ago period. Analysts forecast revenues of $575.53 million, representing an increase of 6.2% year over year.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
That said, let's delve into the average estimates of some PTC Inc. metrics that Wall Street analysts commonly model and monitor.
The collective assessment of analysts points to an estimated 'Revenue- Recurring Revenue' of $530.86 million. The estimate indicates a change of +7.9% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenue- Professional Services' will likely reach $35.08 million. The estimate indicates a year-over-year change of -14.7%.
Analysts forecast 'Revenue- Total Software (License+Support & cloud services)' to reach $538.62 million. The estimate suggests a change of +7.5% year over year.
The consensus among analysts is that 'Revenue- Perpetual License' will reach $7.79 million. The estimate points to a change of -12.7% from the year-ago quarter.
It is projected by analysts that the 'ARR as reported' will reach $2.09 billion. The estimate compares to the year-ago value of $1.88 billion.
View all Key Company Metrics for PTC Inc. here>>>
PTC Inc. shares have witnessed a change of -4.2% in the past month, in contrast to the Zacks S&P 500 composite's -2% move. With a Zacks Rank #3 (Hold), PTC is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>