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An Overview of PTC's Earnings

PTC (NASDAQ:PTC) is preparing to release its quarterly earnings on Wednesday, 2024-11-06. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect PTC to report an earnings per share (EPS) of $1.45.

PTC bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Overview of Past Earnings

During the last quarter, the company reported an EPS beat by $0.02, leading to a 1.11% drop in the share price on the subsequent day.

Here's a look at PTC's past performance and the resulting price change:

Quarter

Q3 2024

Q2 2024

Q1 2024

Q4 2023

EPS Estimate

0.96

1.23

0.96

1.14

EPS Actual

0.98

1.46

1.11

1.20

Price Change %

-1.0%

-2.0%

-1.0%

5.0%

Performance of PTC Shares

Shares of PTC were trading at $186.225 as of November 04. Over the last 52-week period, shares are up 26.53%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Take on PTC

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding PTC.

PTC has ...