PTC Expects Q2 Revenue Of $560M-$590M (Est $582.42M), Adj. EPS Of $1.10-$1.30 (Est $1.26)
Portfolio Pulse from Benzinga Newsdesk
PTC Inc. has provided its financial outlook for Q2, expecting revenue to be between $560M-$590M, with the consensus estimate at $582.42M. The company also anticipates adjusted EPS to range from $1.10 to $1.30, compared to the estimated $1.26.
January 31, 2024 | 9:26 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
PTC Inc. expects Q2 revenues and adjusted EPS to be in line with analyst estimates, indicating a stable financial performance for the upcoming quarter.
PTC Inc.'s Q2 revenue and EPS guidance is in line with analyst estimates, which typically suggests a neutral short-term impact on the stock price as there are no significant positive or negative surprises. The guidance indicates that the company is performing as expected, without any major changes that could sway investor sentiment drastically in either direction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100