/PTC%20Inc%20logo%20on%20building-by%20JHVEPhoto%20via%20Shutterstock.jpg)
Valued at a market cap of $22.1 billion, PTC Inc. (PTC) provides software solutions and services that aid manufacturing companies in designing, operating, and managing products. The Boston, Massachusetts-based company offers a comprehensive portfolio of software solutions, including computer-aided design modeling, product lifecycle management, data orchestration, and experience creation products, and is expected to announce its fiscal Q4 earnings results after the market closes on Wednesday, Nov. 6.
Ahead of this event, analysts expect the computer software company to report a profit of $1.05 per share, up 47.9% from $0.71 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in three of the last four quarters while missing on one another occasion. In Q3, the company’s adjusted EPS of $0.98 came in line with the consensus estimates.
