Recap: Teradata Q4 Earnings
Portfolio Pulse from Benzinga Insights
Teradata (NYSE:TDC) reported Q4 earnings with a 9.8% beat on EPS estimates, posting $0.56 versus the expected $0.51. Revenue increased by $5.00 million from the same period last year. Despite a miss in the previous quarter's EPS, the share price increased by 1.49% the following day. The company has shown consistent revenue growth over the past four quarters.
February 12, 2024 | 9:10 pm
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POSITIVE IMPACT
Teradata reported a 9.8% beat on EPS estimates for Q4, with revenue up $5M from last year. Previous quarter's EPS miss was followed by a share price increase.
The positive earnings report, especially beating the EPS estimates by 9.8% and showing revenue growth, is likely to instill investor confidence and could lead to a short-term positive impact on TDC's stock price. Historical data from the previous quarter shows that even when the company missed EPS estimates, the stock price still increased the following day, indicating a potentially strong market sentiment towards Teradata.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100