Teradata raised its FY 2024 EPS guidance to 2.300-2.340, while Q4 EPS projections fell short.

Teradata has updated its FY 2024 earnings guidance, expecting an EPS range of 2.300-2.340, above the consensus of 2.250, and revenue guidance of $1.8 billion. For Q4, the EPS is projected at $0.40-$0.44, lower than the consensus estimate of $0.48. Following the announcement, shares rose to $33.38. The company, which specializes in multi-cloud data platforms, has seen recent insider selling.

November 04, 2024
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