Teradata Corporation ($TDC) 3Q20 Earnings Sneak Preview

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Teradata Corporation (NYSE:TDC) is expected to report third quarter earnings results, after market close, on Thursday 5th November 2020.

Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.30 per share.

Looking ahead, the full year income are expected at $ 1.16 per share on the revenues of $ 1812.87 million.

The Company Outlook

Earnings for 3Q20 are anticipated in a range of $ 0.28 ~ $ 0.31 per share

Full Year 2020 bottomline are predicted in a range of $ 1.18 ~ $ 1.22 per share

Click Here For More Historical Outlooks Of Teradata Corporation

Previous Quarter Performance

Teradata Corporation communicated income for the second quarter of $ 0.24 per share, from the revenue of $ 457.00 million. The quarterly earnings shrunk 17.24 percent while revenues shrunk 4.39 percent compared with the same quarter last year.
According to street consensus, TDC was expected to report 2Q20 income of $ 0.22 per share from revenue of $ 436.89 million. The bottom line results beat street analysts by $ 0.02 or 9.09 percent, at the same time, top line results outshined analysts by $ 20.11 million or 4.60 percent.

Stock Performance

Shares of Teradata Corporation traded up $ 0.14 or 0.73 percent on Wednesday, reaching $ 19.29 with volume of 676.80 thousand shares. Teradata Corporation has traded high as $ 19.62 and has cracked $ 19.10 on the downward trend

The closing price of $ 19.29, representing a 8.68 % increase from the 52 week low of $ 17.62 and a 39.05 % decrease over the 52 week high of $ 31.42.

The company has a market capital of $ 2.10 billion and is part of the Technology sector and Data Storage industry.

Conference Call

Teradata Corporation will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.teradata.com

Teradata Corporation provides hybrid cloud analytics software. Its solutions and services comprise software, hardware, and related business consulting and support services to deliver analytics in companys analytical ecosystem. It operates through three segments: North America and Latin America region; Europe, Middle East and Africa region; and Asia Pacific and Japan region.