Teradata Q2 2024 Adj. EPS $0.64 Beats $0.48 Estimate, Sales $436.000M Miss $447.036M Estimate
Portfolio Pulse from Benzinga Newsdesk
Teradata (NYSE:TDC) reported Q2 2024 adjusted EPS of $0.64, beating the analyst estimate of $0.48 by 33.33%. However, sales of $436 million missed the $447.036 million estimate and were down 5.63% year-over-year.
August 05, 2024 | 8:07 pm
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Teradata's Q2 2024 adjusted EPS of $0.64 beat estimates by 33.33%, but sales of $436 million missed expectations and were down 5.63% year-over-year.
While Teradata's EPS significantly beat expectations, the miss on sales and the year-over-year decline in revenue may offset the positive EPS impact, leading to a neutral short-term price movement.
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