Earnings Preview: Teradata
Portfolio Pulse from Benzinga Insights
Teradata (NYSE:TDC) is scheduled to release its quarterly earnings report on February 12, 2024, with analysts expecting an EPS of $0.51. Investors are hopeful for not just an earnings beat but also positive guidance for the next quarter. Teradata's past earnings performance shows mixed results with both beats and misses, affecting stock prices variably. Currently, Teradata shares are trading at $48.67, marking a 23.98% increase over the last 52 weeks, indicating a generally positive sentiment among long-term shareholders.
February 09, 2024 | 3:01 pm
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POSITIVE IMPACT
Teradata is expected to report an EPS of $0.51 for the upcoming quarter. Historical performance shows variable stock price reactions to earnings reports. Shares have risen 23.98% over the last year, indicating positive investor sentiment.
Given Teradata's history of mixed earnings performance and the current positive trend in its stock price, the upcoming earnings report is crucial. A beat on the expected EPS of $0.51, coupled with positive future guidance, could further bolster investor confidence and drive the stock price up. However, the historical data also suggests that Teradata's stock price can react variably to earnings reports, making this a pivotal moment for the company.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100