Teradata shares are trading lower after the company issued Q1 and FY24 EPS guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Teradata's stock is trading lower following the company's announcement of Q1 and FY24 earnings per share (EPS) guidance that fell short of market expectations.
February 12, 2024 | 9:24 pm
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NEGATIVE IMPACT
Teradata's shares are experiencing a downturn after the company projected lower than expected earnings for Q1 and the full year 2024.
Teradata's announcement of lower than anticipated EPS guidance for both Q1 and FY24 directly impacts investor sentiment and the perceived value of the company, likely leading to a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100