PTC (Nasdaq: PMTC) is expected to report Q2 earnings on April 24. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict PTC's revenues will grow 4.8% and EPS will grow 16.7%.

The average estimate for revenue is $315.6 million. On the bottom line, the average EPS estimate is $0.35.

Revenue details
Last quarter, PTC recorded revenue of $321.3 million. GAAP reported sales were 0.5% higher than the prior-year quarter's $318.3 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.36. GAAP EPS of $0.29 for Q1 were 61% higher than the prior-year quarter's $0.18 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 69.6%, 50 basis points better than the prior-year quarter. Operating margin was 10.6%, 30 basis points worse than the prior-year quarter. Net margin was 11.2%, 420 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.35 billion. The average EPS estimate is $1.77.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 71 members out of 89 rating the stock outperform, and 18 members rating it underperform. Among 26 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 23 give PTC a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on PTC is outperform, with an average price target of $26.00.

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