Teradata (TDC) Reports Q1: Everything You Need To Know Ahead Of Earnings

TDC Cover Image

Data and analytics software provider Teradata (NYSE: TDC) will be reporting earnings tomorrow after the bell. Hereโ€™s what investors should know.

Teradata missed analystsโ€™ revenue expectations by 1.5% last quarter, reporting revenues of $409 million, down 10.5% year on year. It was a disappointing quarter for the company, with full-year EPS guidance missing analystsโ€™ expectations.

Is Teradata a buy or sell going into earnings? Read our full analysis here, itโ€™s free.

This quarter, analysts are expecting Teradataโ€™s revenue to decline 7.9% year on year to $428.2 million, a further deceleration from the 2.3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.56 per share.

Teradata Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Teradata has missed Wall Streetโ€™s revenue estimates three times over the last two years.

Looking at Teradataโ€™s peers in the data and analytics software segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Confluent delivered year-on-year revenue growth of 24.8%, beating analystsโ€™ expectations by 2.6%, and Commvault Systems reported revenues up 23.2%, topping estimates by 4.8%. Confluent traded down 18.2% following the results while Commvault Systemsโ€™s stock price was unchanged.

Read our full analysis of Confluentโ€™s results here and Commvault Systemsโ€™s results here.

There has been positive sentiment among investors in the data and analytics software segment, with share prices up 15.5% on average over the last month. Teradata is up 14.9% during the same time and is heading into earnings with an average analyst price target of $28.78 (compared to the current share price of $22.07).

Todayโ€™s young investors wonโ€™t have read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.

Recent Quotes

View More
Symbol Price Change (%)
AMZN  229.53
+0.42 (0.18%)
AAPL  278.78
-1.92 (-0.68%)
AMD  217.97
+1.99 (0.92%)
BAC  53.95
+0.07 (0.13%)
GOOG  322.09
+3.70 (1.16%)
META  673.42
+11.89 (1.80%)
MSFT  483.16
+2.32 (0.48%)
NVDA  182.41
-0.97 (-0.53%)
ORCL  217.58
+3.25 (1.52%)
TSLA  455.00
+0.47 (0.10%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.

Gift this article