PTC's Quarterly Earnings Preview: What You Need to Know

Boston, Massachusetts-based PTC Inc. (PTC) provides software solutions and services that aid manufacturing companies in designing, operating, and managing products. Valued at a market cap of $22.2 billion, the 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 Q1 earnings results after the market closes on Wednesday, Jan. 29. 

Ahead of this event, analysts expect the computer software company to report a profit of $0.61 per share, down 12.9% from $0.70 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the last four quarters.