Teradata (TDC) has posted four straight positive earnings surprises and is now a Zacks #1 Rank (Strong Buy).
Teradata Corporation provides analytic data solutions worldwide. The company offers various data warehousing solutions is comprised of software, hardware and related business consulting and support services. Further, the company provides consulting services, such as data warehousing business impact modeling, design, architecture, installation, implementation, and optimization consulting services. Teradata Corporation was founded in 1979 and is headquartered in Dayton, Ohio.
Teradata Tops Estimates in Four Straight Quarters
Teradata topped the Zacks Consensus Estimate in each of the last four quarters. The average beat has been $0.04 above the Zacks Consensus Estimate which works out to be an average beat of 7.4%. As a result of the positive earnings surprises, the stock has moved higher by an average of 1.5% following the earnings releases.
The largest price movement in the stock came the day after the company reported the December 2011 quarter. Teradata beat the topline estimate of $641 million by posting revenues of $673 million. EPS of $0.63 was $0.04 higher than the $0.59 Zacks Consensus Estimate and the stock moved higher by about 7%.