Teradata's (TDC) stock tumbles after mixed Q4 report; analyst lowers numbers

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Teradata (TDC) PT Lowered to $58 at Evercore ISI

February 13, 2024 4:07 AM EST

Evercore ISI analyst Chirag Ved lowered the price target on Teradata (NYSE: TDC) to $58.00 (from $65.00) while maintaining a Outperform rating.

The analyst comments "TDC delivered mixed F4Q results with total revenue of $457mn (+1% y/y in c/c) vs. our/Street expectations of $461.4/$455.8mn, total ARR of $1,570mn (+5% in c/c) vs. our/Street expectations of $1,587/$1,578mn, and EPS of $0.56 coming in ahead of our/Street estimates of $0.50/$0.51. Most significantly, cloud ARR landed at $528mn, up 48% and +46% in c/c, but below... More

Teradata Corp. (TDC) Tops Q4 EPS by 5c, offers outlook

February 12, 2024 4:07 PM EST

Teradata Corp. (NYSE: TDC) reported Q4 EPS of $0.56, $0.05 better than the analyst estimate of $0.51. Revenue for the quarter came in at $457 million versus the consensus estimate of $456.34 million.

Outlook

For the full-year 2024:

Public cloud ARR growth of 35% to 41% year-over-year, in constant... More