Engineering simulation software developer Ansys (ANSS) once again beat consensus estimates for Q4 and guided higher for 2008. Not only did they blow out current estimates, they also exceeded Street expectations going forward. Their guidance included a Q1 prediction of revenue of $103-$106 million and earnings of $0.33-$0.34 per share.They expect 2008 earnings to be in a range of $1.48 - $1.51 per share and revenue in the range of $442-$447 million. Considering that this is the 21st quarter in a row that the company has outperformed consensus estimates, I think that investors can hope for a little more.
With a somewhat consistent 30% year over year revenue growth and earnings that continue to accelerate, this stock is a screaming buy. One look at the weekly chart tells the story about the strength of this stock's performance and how management has effectively managed expectations for their investors.
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