Parametric Technology Earnings Preview: Can This Streak Continue?
Parametric Technology (NASDAQ:PMTC) will report earnings after markets close on Wednesday, April 24th. Parametric Technology Corporation develops, markets, and supports integrated product development and processes lifecycle management solutions. The Company’s software solutions are used worldwide.
Here is your Cheat Sheet to Parametric Technology Earnings:
Earnings Expectations: Analysts expect earnings of $0.36 per share on revenues of $316.27 million.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.46 to a profit $0.45. For the current year, the average estimate is a profit of $1.77, which is better than the estimate ninety days ago.
Here’s how Parametric Technology has been performing on an annual basis:
|Revenue ($) in millions||1,070||938.18||1,010||1,167||1,256|
|Diluted EPS ($)||0.68||0.27||0.20||0.71||-0.30|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||318.28||301.12||310.98||325.29||319.75|
|Diluted EPS ($)||0.18||0.03||0.19||-0.70||0.29|
Parametric Technology has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)