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 analysts have recently weighed in on the company. Deutsche Bank AG lifted their price objective on Teradata Corporation from $30.00 to $32.00 and gave the stock a hold rating in a report on Tuesday, October 24th. BMO Capital Markets restated a hold rating and set a $30.00 target price on shares of Teradata Corporation in a research report on Sunday, July 16th. Sanford C. Bernstein restated an underperform rating and set a $27.00 target price on shares of Teradata Corporation in a research report on Monday, September 11th. Stifel Nicolaus restated a hold rating and set a $32.00 target price on shares of Teradata Corporation in a research report on Monday, August 14th. Finally, BidaskClub downgraded Teradata Corporation from a buy rating to a hold rating in a research report on Saturday, July 8th. Four analysts have rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company’s stock. Teradata Corporation presently has an average rating of Hold and a consensus target price of $29.78.
Teradata Corporation (NYSE:TDC) last issued its quarterly earnings results on Thursday, November 2nd. The technology company reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks’ 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 the consensus estimate of $511.23 million. During the same quarter in the prior year, the business posted $0.69 earnings per share. The firm’s quarterly revenue was down 4.7% compared to the same quarter last year.
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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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