How does PTPI's Q4 2023 forecast compare to past trends?

PTPI's Q4 2023 forecast shows a significant decrease in revenue and EPS compared to the previous quarter and the quarter before that, indicating a potential downturn in the company's financial performance.

| | Q4 2023 | Q4 2022 | Q4 2021 |
| --- | --- | --- | --- |
| Estimate EPS | $0.77 | $1.34 | $1.64 |
| Estimate Revenue | $24.57 billion | $32.35 billion | $33.71 billion |

1. **Comparison to Q4 2022**:
- EPS: The estimated EPS for Q4 2023 is $0.77, which is a 42.96% decrease from the $1.34 reported in Q4 2022.
- Revenue: The estimated revenue for Q4 2023 is $24.57 billion, which is a 24.18% decrease from the $32.35 billion reported in Q4 2022.
2. **Comparison to Q4 2021**:
- EPS: The estimated EPS for Q4 2023 is $0.77, which is a 53.05% decrease from the $1.64 reported in Q4 2021.
- Revenue: The estimated revenue for Q4 2023 is $24.57 billion, which is a 26.88% decrease from the $33.71 billion reported in Q4 2021.

The company's financial forecasts for Q4 2023 indicate a sharp decline in both earnings and revenue compared to the same period in the previous year, suggesting a challenging financial outlook.