Stock plummets as earnings fall short of expectations

  • Teradata shares down 23% on 1Q adjusted EPS outlook
  • Stock is down 5.5% over the last 12 months
  • First-quarter adjusted earnings per-share forecasted between 53 cents and 57 cents
  • Analysts expected adjusted earnings of 59 cents a share

Teradata shares plunged 23% to $37.41 after the company released its outlook for the first quarter, which fell below Wall Street’s estimates. The stock has also experienced a 5.5% decline over the past year. Teradata forecasted adjusted earnings per-share between 53 cents and 57 cents, while analysts were expecting 59 cents a share. This disappointing news caused a significant drop in the company’s stock price.

Public Companies: Teradata (TDC)
Private Companies:
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Factuality Level: 8
Justification: The article provides factual information about Teradata’s stock performance and its outlook for the current quarter. The information is based on actual numbers and analyst estimates, which can be verified. There is no irrelevant or misleading information, sensationalism, redundancy, or opinion masquerading as fact. The article is concise and to the point, without any digressions or unnecessary background information. Overall, the article is factually accurate and objective.

Noise Level: 3
Justification: The article provides relevant information about Teradata’s stock performance and its outlook for the current quarter. However, it lacks in-depth analysis, scientific rigor, and actionable insights. The article does not explore the consequences of Teradata’s outlook on those who bear the risks, nor does it provide evidence or data to support its claims. Overall, the article contains some noise and lacks substance.

Financial Relevance: Yes
Financial Markets Impacted: Teradata shares

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to the financial performance of Teradata, a cloud data analytics company. It discusses the company’s outlook for the current quarter, which fell below Wall Street’s estimates. This information is relevant to financial markets and investors.

Reported publicly: www.marketwatch.com