Teradata Q2 Earnings: How Key Metrics Compare to Wall Street Estimates Teradata, Benzinga, Zacks, Wall Street, EPS (Earnings Per Share), ROI (Return on Investment), Pro Data, APIs (Application Programming Interfaces), Marketfy, Pre-market, Boost, Advertise, Contribute, España, India, Italia, 대한민국, 日本, My Account, Notifications, Overview, Watchlist, Benznga Research,.. by https://www.benzinga.com/
AI Insights:
Simple Explanation:
teradata, a company, had a meeting to talk about how much money they made in the last 3 months. they made $436 million which is less than what they made last year. but, they made more money than what some people thought they would make. after the meeting, people can decide if they should buy or sell teradata's stock. the stock price went down a bit after the meeting. Read from source...
Critical Perspective:
none found. However, the article does not clearly explain the significance of the percentages in the 'surprise' metrics, or how these percentages impact the company's financial health or future performance. Additionally, a more thorough analysis or projection of the stock's performance, taking into account the revenue and earnings changes year-over-year and their comparison to Wall Street expectations, would enhance the reader's understanding. The article could also benefit from a more comprehensive explanation of the key metrics used in the financial health assessment and why these specific metrics are important to investors.
Sentiment Analysis:
The sentiment of the article titled `Teradata Q2 Earnings: How Key Metrics Compare to Wall Street Estimates` is Neutral. The article presents Teradata's Q2 earnings report, with the revenues reported being slightly lower than what Wall Street had anticipated. However, the EPS numbers surpassed expectations. No bearish or bullish sentiment is conveyed; instead, the focus is on presenting the key metrics of Teradata's financial performance, as well as its comparison with analysts' estimations.
Investment Analysis:
We are not financial advisors. It's always essential for you to consult with a financial advisor and do your research before making any decisions about investments.
Teradata Corporation (TDC) reported Q2 2024 earnings with revenue of $436 million, a 5.6% decrease compared to the same period last year. Earnings per share (EPS) came in at $0.64, compared to $0.48 in the year-ago quarter. The reported revenue represents a surprise of -2.59% over the Zacks Consensus Estimate of $447.58 million. With the consensus EPS estimate being $0.48, the EPS surprise was +33.33%.
Key metrics and comparisons:
- Annual recurring revenue (ARR) - Total: $1.47 billion vs. $1.53 billion estimated by three analysts on average.
- ARR - Public Cloud: $542 million vs. $564.84 million estimated by three analysts on average.
- ARR - Maintenance and software upgrade rights: $121 million vs. $170.95 million estimated by two analysts on average.
- ARR - Subscription: $802 million vs. $813.64 million estimated by two analysts on average.
- Revenue - Perpetual software licenses and hardware: $5 million compared to the $9.43 million average estimate based on three analysts. The reported number represents a change of -61.5% YoY.
- Revenue - Recurring: $368 million vs. $362.33 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -0.8% change.
- Revenue - Consulting services: $63 million vs. $75.06 million estimated by three analysts on average.
- Gross profit - Consulting services: $7 million vs. the two-analyst average estimate of $9.69 million.
- Gross profit - Recurring: $258 million vs. the two-analyst average estimate of $257.07 million.
Investors should carefully consider these metrics and their implications before making any investment decisions.