Earnings Preview: Parametric Tech
Parametric Technology (PMTC) is expected to report Q2 Tuesday, July 22 after market close, with a conference call scheduled for Wednesday, July 23 at 8:30 am ET.
Guidance
The consensus estimate is 30c for EPS and $264.69M for revenue, according to First Call.
Analyst Views
On the company's last earnings call management provided Q3 guidance of 28c to 32c for EPS and $260M to $270M for revenue. Goldman's checks indicate that Q3 results are likely in-line with expectations. The firm is focused on the company's ability to drive organic growth and expand margins, as Goldman believes the more challenging macro environment could potentially weigh on Parametric's business. Goldman is Neutral rated on the the shares.
Key conference call issues: Forward guidance; update on share repurchase plan; and updates on any new products.
Related Articles
|
Trading Center
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »
More by theflyonthewall.com
Articles on related themes
Earnings
Application Software
Enterprise Software
Gaming Software