Teradata Q2 EPS $0.48 Beats $0.45 Estimate, Sales $462.00M Beat $443.77M Estimate
Portfolio Pulse from totan@benzinga.com
Teradata (NYSE:TDC) reported Q2 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, beating the analyst consensus estimate of $443.77 million by 4.11%. This is a 7.44% increase from the same period last year.
August 07, 2023 | 8:13 pm
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POSITIVE IMPACT
Teradata's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
Teradata's better-than-expected Q2 earnings and sales indicate a strong financial performance. This positive news could increase investor confidence and demand for the stock, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100