Core Insights - Wall Street analysts expect PTC Inc. to report quarterly earnings of $1.22 per share, reflecting a year-over-year increase of 24.5% [1] - Revenues are projected to be $582.4 million, which is a 12.3% increase from the same quarter last year [1] - The consensus EPS estimate has been revised upward by 0.1% over the past 30 days, indicating a reappraisal of projections by analysts [1] Revenue Projections - Analysts estimate 'Revenue- Recurring Revenue' to reach $549.76 million, representing a year-over-year change of +14.2% [4] - 'Revenue- Professional Services' is expected to be $28.18 million, indicating a decline of -6.2% from the prior-year quarter [4] - The average prediction for 'Revenue- Total Software (License+Support & cloud services)' is $556.02 million, showing a year-over-year change of +13.8% [5] - 'Revenue- Perpetual License' is estimated at $6.27 million, reflecting a decrease of -11.1% from the year-ago quarter [5] Annual Recurring Revenue (ARR) - The collective assessment suggests 'ARR as reported' will reach $2.36 billion, up from $2.13 billion in the previous year [6] Stock Performance - Over the past month, PTC Inc. shares have increased by +18.4%, outperforming the Zacks S&P 500 composite, which saw a +3.6% change [6] - PTC holds a Zacks Rank 2 (Buy), indicating a likelihood of outperforming the overall market in the upcoming period [6]
Ahead of PTC Inc. (PTC) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics