Core Viewpoint - PTC Inc. is positioned well to continue its trend of beating earnings estimates, making it a stock worth considering for investors [1]. Earnings Performance - PTC Inc. has a strong history of exceeding earnings estimates, with an average surprise of 14.29% over the last two quarters [2]. - In the most recent quarter, PTC reported earnings of $1.10 per share, surpassing the expected $0.91 per share by 20.88% [2]. - For the previous quarter, the consensus estimate was $1.43 per share, while the actual earnings were $1.54 per share, resulting in a surprise of 7.69% [2]. Earnings Estimates and Predictions - Estimates for PTC Inc. have been trending higher, influenced by its history of earnings surprises [5]. - The company currently has a positive Zacks Earnings ESP of +1.71%, indicating a bullish outlook from analysts regarding its earnings prospects [8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat in the upcoming report [8]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7]. Future Outlook - PTC Inc.'s next earnings report is expected to be released on April 30, 2025, and the current indicators suggest a favorable outcome [8].
Why PTC Inc. (PTC) is Poised to Beat Earnings Estimates Again