Parametric Technology Earnings Preview: Can This Streak Continue?

Parametric Technology (NASDAQ:PMTC) will report earnings after markets close on Wednesday, July 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 $0.43 per share on revenues of $322.52 million.

Analyst Trends:

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 $0.6 to a profit $0.56. For the current year, the average estimate is a profit of $1.75, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Parametric Technology has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,070 938 1,010 1,167 1,256
Diluted EPS ($) 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 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 310.98 325.30 319.75 313.95
Diluted EPS ($) 0.19 -0.71 0.29 0.14

Past Performance:
Parametric Technology has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]