Teradata Corporation (TDC) Issues Q4 Earnings Guidance
Teradata Corporation (NYSE:TDC) updated its fourth quarter earnings guidance on Thursday. The company provided EPS guidance of $0.47-0.52 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.54. The company issued revenue guidance of $600-620 million, compared to the consensus revenue estimate of $589.61 million.
Several equities research analysts have weighed in on the stock. Deutsche Bank AG raised their price objective on shares of Teradata Corporation from $30.00 to $32.00 and gave the company a hold rating in a research report on Tuesday, October 24th. BMO Capital Markets reiterated a hold rating and set a $30.00 price target on shares of Teradata Corporation in a research report on Sunday, July 16th. Sanford C. Bernstein reiterated an underperform rating and set a $27.00 price target on shares of Teradata Corporation in a research report on Monday, September 11th. Stifel Nicolaus reiterated a hold rating and set a $32.00 price target on shares of Teradata Corporation in a research report on Monday, August 14th. Finally, BidaskClub cut shares of Teradata Corporation from a buy rating to a hold rating in a research report on Saturday, July 8th. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of Hold and an average price target of $29.11.
Teradata Corporation (NYSE:TDC) last issued its quarterly earnings data on Thursday, November 2nd. The technology company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.06. Teradata Corporation had a return on equity of 21.12% and a net margin of 4.63%. The business had revenue of $526.00 million for the quarter, compared to analysts’ expectations of $511.23 million. During the same period last year, the business earned $0.69 EPS. The business’s revenue was down 4.7% on a year-over-year basis.
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Teradata Corporation Company Profile
Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.
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