/Ansys%20Inc_%20logo%20on%20laptop-by%20monticello%20via%20Shutterstock.jpg)
Valued at a market cap of $30.8 billion, ANSYS, Inc. (ANSS) develops and markets engineering simulation software and services for engineers, designers, researchers, and students. The Canonsburg, Pennsylvania-based company’s simulation platform is its key product. It provides structural analysis product suite and simulation software solutions for Fluids, Electronics, Semiconductors, and Multiphysics. It is expected to announce its fiscal Q4 earnings results on Wednesday, Feb. 19.
Ahead of this event, analysts project the tech company to report a profit of $3.22 per share, down 5% from $3.39 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 another occasion. Its earnings of $1.87 per share in the previous quarter exceeded the forecasted figure by a stunning 62.6% margin.
