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Teradata Stock Tumbles After Earnings: What's Going On? - Teradata (NYSE:TDC)

Teradata issued guidance below estimates and sees first-quarter earnings of between 53 cents and 57 cents per share, versus the 73 cents per share estimate. The company expects fiscal year 2024 earnings of between $2.15 and $2.31 per share, versus the $2.38 per share estimate. The company reported fourth-quarter earnings of 56 cents per share which beat the analyst consensus estimate of 51 cents by 9.8% and is a 60% increase over earnings of 35 cents per share from the same period last year.
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