PTC (Nasdaq: PMTC) is expected to report Q3 earnings on July 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 3.7% and EPS will grow 16.2%.

The average estimate for revenue is $322.7 million. On the bottom line, the average EPS estimate is $0.43.

Revenue details
Last quarter, PTC logged revenue of $313.9 million. GAAP reported sales were 4.3% higher than the prior-year quarter's $301.1 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 $0.41. GAAP EPS of $0.14 for Q2 were 367% higher than the prior-year quarter's $0.03 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 70.3%, 130 basis points better than the prior-year quarter. Operating margin was 12.5%, 320 basis points better than the prior-year quarter. Net margin was 5.4%, 420 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.31 billion. The average EPS estimate is $1.75.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 73 members out of 92 rating the stock outperform, and 19 members rating it underperform. Among 30 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 27 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 $26.89.

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