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Teradata TDC reported its Q2 earnings results on Thursday, August 4, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Teradata beat estimated earnings by 13.79%, reporting an EPS of $0.33 versus an estimate of $0.29.
Revenue was down $61.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 10.15% drop in the share price the next day.
Here’s a look at Teradata’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.63 | 0.27 | 0.32 | 0.46 |
| EPS Actual | 0.65 | 0.57 | 0.43 | 0.74 |
| Revenue Estimate | 489.29M | 478.59M | 457.53M | 475.37M |
| Revenue Actual | 496.00M | 475.00M | 460.00M | 491.00M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Teradata management provided guidance for FY 2022, expecting earnings between $1.55 and $1.65 per share.
To track all earnings releases for Teradata visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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