Teradata Corp. (TDC) Tops Q3 EPS by 1c, Lowers FY Outlook
Teradata Corp. (NYSE: TDC) reported Q3 EPS of $0.56, $0.01 better than the analyst estimate of $0.55. Revenue for the quarter came in at $606 million versus the consensus estimate of $638.36 million.
Teradata Corp. sees FY2015 EPS of $2.00-$2.20, versus prior guidance of $2.20-$2.50 and the consensus of $2.23.
- As a result of the third quarter results and an updated outlook for the fourth quarter, Teradata is lowering its full-year revenue guidance to approximately 6 - 8 percent revenue decline year over year on a reported basis, and approximately flat to down 2 percent on a constant currency basis. Teradata expects approximately 4 percentage points of currency headwind in the fourth quarter.
- 2015 full-year GAAP earnings per share is now expected to be approximately $(0.71) - $(0.51).
For earnings history and earnings-related data on Teradata Corp. (TDC) click here.
