Seeking Alpha
Profile| Send Message|
( followers)  

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.

Source: Earnings Preview: Parametric Tech