Ansys Inc. (ANSS) Updates FY14 Earnings Guidance
Ansys Inc. (NASDAQ:ANSS) issued an update on its FY14 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $3.29-3.37 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.30, AnalystRatingsNetwork.com reports. The company issued revenue guidance of $943-960 million, compared to the consensus revenue estimate of $949.63 million.Ansys also updated its Q3 guidance to $0.81-0.85 EPS.
Ansys Inc. (NASDAQ:ANSS) opened at 77.35 on Tuesday. Ansys Inc. has a 52 week low of $71.50 and a 52 week high of $89.71. The stock’s 50-day moving average is $75.82 and its 200-day moving average is $77.03. The company has a market cap of $7.167 billion and a price-to-earnings ratio of 29.01.
Ansys (NASDAQ:ANSS) last announced its earnings results on Tuesday, August 5th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.06. The company had revenue of $232.40 million for the quarter, compared to the consensus estimate of $238.72 million. During the same quarter in the previous year, the company posted $0.77 earnings per share. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. On average, analysts predict that Ansys Inc. will post $3.30 earnings per share for the current fiscal year.
ANSYS, Inc (NASDAQ:ANSS) develops and globally markets engineering simulation software and services widely used by engineers, designers, researchers and students across a spectrum of industries and academia, including aerospace, automotive, manufacturing, electronics, biomedical, energy and defense.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.