Teradata Q1 Earnings Preview: Revenue Down 8.5%, Earnings Flat.

Teradata (TDC) is expected to report flat earnings in Q1 2023 compared to the year-ago quarter, with revenues expected to decline 8.5% to $425.28 million. The consensus EPS estimate has been revised 6.76% lower over the last 30 days. The company is set to release its Q1 earnings report on May 6.

Teradata Corporation (TDC), a leading provider of data analytics solutions, is expected to report flat earnings in the first quarter (Q1) of 2023 compared to the same period last year. According to analysts' consensus, revenues are projected to decline by 8.5% to $425.28 million. The company is set to release its Q1 earnings report on May 6, 2023.

The consensus earnings per share (EPS) estimate has been revised downward by 6.76% over the last 30 days, reflecting the market's expectations for a challenging quarter. This revision underscores the ongoing financial pressures faced by the company, which has been grappling with competitive pressures and market uncertainties.

Despite these challenges, Teradata continues to invest in its technological capabilities and product offerings. In recent months, the company has announced several strategic moves, including the appointment of new leadership and the launch of new products. These efforts aim to strengthen its position in the data analytics market and drive growth in the long term.

Investors and financial professionals should closely monitor Teradata's upcoming earnings report to gain a clearer picture of the company's financial performance and strategic direction. The report will provide insights into the company's ability to navigate market challenges and execute its growth plans.

References:

[1] https://www.stocktitan.net/news/TDC/