Teradata Q4 EPS $0.56 Beats $0.51 Estimate, Sales $457.00M Beat $456.79M Estimate
Portfolio Pulse from Happy Mohamed
Teradata (NYSE:TDC) reported Q4 earnings of $0.56 per share, surpassing the consensus estimate of $0.51, marking a 60% increase from last year. Sales reached $457M, slightly above the $456.79M estimate, representing a 1.11% year-over-year growth.
February 12, 2024 | 9:12 pm
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Teradata reported a significant beat on Q4 earnings and a slight beat on sales estimates, showing strong year-over-year growth.
Beating both earnings and sales estimates, especially with a significant year-over-year earnings growth, is likely to be viewed positively by investors. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100