Teradata (NYSE: TDC) recently released its fourth-quarter earnings results, surpassing estimated earnings by 9.8%. The company reported an EPS of $0.56 compared to an estimate of $0.51. This positive earnings surprise is certainly good news for investors.
In addition to beating earnings expectations, Teradata also saw an increase in revenue, up $5 million from the same period last year. This growth indicates that the company is performing well and attracting more customers.
Looking back at Teradata’s past performance, we can see that the company has been consistently meeting or exceeding earnings estimates. In the previous quarter, Teradata missed EPS estimates by $0.0, but still experienced a 1.49% increase in share price the following day. This suggests that investors have confidence in the company’s ability to bounce back from any setbacks.
To further understand Teradata’s earnings performance, let’s take a closer look at its past quarterly results:
– Q3 2023: EPS estimate of 0.42, actual EPS of 0.42. Revenue estimate of $437.50 million, actual revenue of $438.00 million.
– Q2 2023: EPS estimate of 0.45, actual EPS of 0.48. Revenue estimate of $443.77 million, actual revenue of $462.00 million.
– Q1 2023: EPS estimate of 0.61, actual EPS of 0.61. Revenue estimate of $470.27 million, actual revenue of $476.00 million.
– Q4 2022: EPS estimate of 0.30, actual EPS of 0.35. Revenue estimate of $436.27 million, actual revenue of $452.00 million.
These numbers show a consistent trend of meeting or surpassing earnings estimates, as well as steady revenue growth. Teradata’s ability to consistently deliver strong financial results is a testament to its solid business strategy and execution.
Investors who are interested in tracking Teradata’s earnings releases can visit their earnings calendar on the Benzinga website. This calendar provides up-to-date information on the company’s earnings announcements, allowing investors to stay informed and make informed investment decisions.
It’s important to note that this article was generated by Benzinga’s automated content engine and reviewed by an editor. While the information presented is accurate and reliable, it’s always a good idea for investors to conduct their own research and consult with a financial advisor before making any investment decisions.
In conclusion, Teradata’s Q4 earnings results exceeded expectations, with higher-than-estimated EPS and increased revenue. The company’s consistent performance and ability to meet or surpass earnings estimates demonstrate its strong position in the market. Investors should continue to monitor Teradata’s performance and stay informed about future earnings releases.
