Teradata Q2 Adj EPS $0.48 Beats $0.45 Estimate, Sales $462.00M Beat $443.77M Estimate
Portfolio Pulse from Benzinga Newsdesk
Teradata (NYSE:TDC) reported Q2 adjusted earnings of $0.48 per share, beating the analyst consensus estimate of $0.45 by 6.67%. This is a 45.45% increase from the same period last year. The company also reported quarterly sales of $462.00 million, surpassing the analyst consensus estimate of $443.77 million by 4.11%, a 7.44% increase from the same period last year.
August 07, 2023 | 8:07 pm
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Teradata's Q2 earnings and sales exceeded estimates, indicating a strong financial performance. This could potentially lead to a positive impact on its stock price.
Teradata's Q2 earnings and sales have surpassed analyst estimates, which is typically a positive signal for investors and can lead to an increase in the stock price. The significant YoY growth in earnings and sales further strengthens this outlook.
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