For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? The ...

A month has gone by since the last earnings report for Teradata (TDC) . Shares have added about 11.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Teradata due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Teradata Q3 Earnings Beat Estimates, Revenues Flat Y/YTer ...

Core Insights - Teradata Corporation has launched its AI Unlimited platform for public preview via Microsoft's Fabric Workload Hub, enhancing its competitive position in the AI and data analytics market [1][2] Company Developments - Teradata AI Unlimited is a serverless compute engine designed to accelerate AI innovations for enterprises, integrating advanced analytics and AI/ML capabilities into Microsoft's data analytics platform [2] - Users can access Teradata AI Unlimited on Microsoft Fabric without affecting existing Teradata systems, supporting open data formats and ensuring compatibility with other tools [3] Financial Performance - Teradata's shares have declined 32.2% year to date, underperforming the broader Zacks Computer & Technology Sector's growth of 26.3% and the Computer-Storage Devices industry's rise of 13.6% [4] - The company has struggled to capitalize on the demand for cloud data analytics, with its stock performance lagging behind Oracle, which has returned 79.2%, while outperforming Snowflake, which dropped 34.5% [5] Growth Prospects - Teradata's cloud segment shows promising growth, with public cloud's annual recurring revenues increasing by 26% year over year to $570 million, driven by demand for Teradata VantageCloud and ClearScape Analytics [7] - The integration with NVIDIA's AI platform enhances Teradata's offerings, providing scalable AI capabilities for processing large data sets [8] Earnings Estimates - For FY24, Teradata expects non-GAAP earnings between $2.30 and $2.234 per share, with total revenues projected to decline by 2-4% year over year [9] - The Zacks Consensus Estimate for FY24 revenues is $1.75 billion, indicating a 4.41% year-over-year decline, while the consensus for earnings is $2.30 per share, reflecting a 2.68% increase over the past 30 days and 11.11% year-over-year growth [10]

Core Insights - VIAVI Solutions Inc. has been selected by TDC NET, Denmark's largest digital infrastructure provider, to implement NITRO® AIOps for comprehensive network monitoring [1][2] - The deployment of NITRO AIOps is part of TDC NET's broader transformation strategy, which includes collaboration with Infosys for integration with other vendors [1][3] Group 1: NITRO AIOps Features - NITRO AIOps enhances TDC NET's transformation goals by providing consolidated network monitoring and automation to boost business productivity [2] - The platform utilizes advanced AI/ML techniques for automated topology mapping, event correlation, and AI-driven forecasting, offering a unified dashboard for proactive monitoring [2][3] Group 2: Operational Integration - The solution is designed to function across TDC NET's entire IT and telecommunications ecosystem, including mobile, coax, fiber, core, and transport networks, as well as data centers [3] - VIAVI will collaborate closely with TDC NET to ensure seamless integration, minimize disruptions, and accelerate value realization throughout the infrastructure [3][4] Group 3: Strategic Importance - TDC NET emphasizes the importance of NITRO AIOps for maintaining optimal network performance, enhancing service quality, and improving customer experience [4] - VIAVI aims to transform network monitoring into an intelligent, self-healing process, ensuring stable and future-proof connections for TDC NET [4]

Core Viewpoint - Teradata's shares fell significantly after the third-quarter earnings report, despite beating revenue and adjusted EPS estimates, due to conservative guidance on cloud business growth [1][2]. Financial Performance - For Q3, Teradata reported revenue of $440 million, nearly unchanged from $438 million in the same quarter last year [2]. - Adjusted EPS was $0.69, surpassing analyst expectations of $0.53 [2]. Business Transition - Teradata is transitioning from an on-premises perpetual license model to a recurring cloud subscription model, which typically results in flat or declining revenue as upfront licenses are replaced by ongoing subscriptions [3]. - Public cloud annualized recurring revenue (ARR) increased by 26%, aligning with expectations for an enterprise software-as-a-service business [4]. Future Guidance - Management forecasted a deceleration in public cloud ARR growth to between 18% and 22% for Q4, indicating a slower migration of workloads to the cloud [5]. - Total ARR guidance for the year remains unchanged, projecting a decline of 2% to 4% [5]. Market Position - Following the recent decline, Teradata's shares are considered somewhat cheap, trading at approximately 12.2 times the forecasted 2024 adjusted EPS [6]. - Despite the potential for growth in hybrid cloud data management, the current competitive environment suggests that investors may want to wait for clearer signals before making purchases [6].

Teradata (TDC) reported third-quarter 2024 non-GAAP earnings of 69 cents per share, which beat the Zacks Consensus Estimate by 23.21%. The bottom line increased 64% year over year.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of $440 million beat the Zacks Consensus Estimate by 5.02%. The figure was flat year over year on a reported basis and 2% on a constant-currency (cc) basis.Total annual recurring revenues (ARR) at the third-quarter end declined 3% year over year to $1. ...

Core Insights - Teradata reported $440 million in revenue for Q3 2024, a year-over-year increase of 0.5% and an EPS of $0.69 compared to $0.42 a year ago, exceeding Zacks Consensus Estimates for revenue and EPS [1] - The company achieved a revenue surprise of +5.02% and an EPS surprise of +23.21% compared to analyst expectations [1] Financial Performance Metrics - Annual recurring revenue (ARR) totaled $1.48 billion, matching the average estimate [3] - Public Cloud ARR was $570 million, below the average estimate of $598.02 million [3] - Revenue from perpetual software licenses and hardware was $7 million, exceeding the estimated $3.79 million [3] - Recurring revenue reached $372 million, surpassing the average estimate of $347.33 million, reflecting a year-over-year increase of +3.3% [3] - Revenue from consulting services was $61 million, below the estimated $70.18 million [3] - Gross profit from consulting services was $3 million, significantly lower than the average estimate of $7.84 million [3] - Gross profit from recurring revenue was $261 million, exceeding the average estimate of $243.66 million [3] Stock Performance - Teradata shares have returned +9.5% over the past month, outperforming the Zacks S&P 500 composite's +0.4% change [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [4]

Company Performance - Teradata reported quarterly earnings of $0.69 per share, exceeding the Zacks Consensus Estimate of $0.56 per share, and up from $0.42 per share a year ago, representing an earnings surprise of 23.21% [1] - The company posted revenues of $440 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 5.02%, and slightly up from $438 million year-over-year [2] - Over the last four quarters, Teradata has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Outlook - Teradata shares have declined approximately 23.6% since the beginning of the year, contrasting with the S&P 500's gain of 20.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.46 on revenues of $431.6 million, and for the current fiscal year, it is $2.24 on revenues of $1.75 billion [7] - The estimate revisions trend for Teradata is mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Industry Context - The Computer-Storage Devices industry, to which Teradata belongs, is currently in the top 16% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1] Zacks Style Scores - Zacks Style Scores are indicators designed to help investors select stocks with the highest potential to outperform the market within 30 days, rated from A to F based on value, growth, and momentum characteristics [2] - The Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4][5] Value Score - The Value Score identifies attractive and discounted stocks using ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow, appealing to value investors [3] Growth Score - The Growth Score assesses a company's financial strength and future outlook by analyzing projected and historical earnings, sales, and cash flow, targeting growth investors [3] Momentum Score - The Momentum Score helps investors capitalize on price trends by evaluating one-week price changes and monthly earnings estimate changes, catering to momentum investors [4] VGM Score - The VGM Score combines the three Style Scores to identify stocks with the best value, growth forecasts, and momentum, serving as a strong indicator alongside the Zacks Rank [5] Zacks Rank - The Zacks Rank is a proprietary stock-rating model that leverages earnings estimate revisions to assist investors in building successful portfolios, with 1 (Strong Buy) stocks yielding an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [6][7] Stock to Watch: Teradata (TDC) - Teradata is a leading provider of connected multi-cloud data platforms, transitioning from an enterprise database company to an analytics platform provider, currently holding a 3 (Hold) Zacks Rank with a VGM Score of B and a Value Style Score of B due to a forward P/E ratio of 13.07 [10] - In the last 60 days, five analysts have raised their earnings estimates for Teradata for fiscal 2024, with the Zacks Consensus Estimate increasing by $0.08 to $2.24 per share, and the company has an average earnings surprise of 11.8% [11]

Core Insights - Albert Anthony is a Croatian-American media personality and financial contributor, reaching over 1 million investors globally through his work on Seeking Alpha [1] - His content focuses on stock analysis, particularly in the financial and tech sectors, and emphasizes building a diversified dividend income portfolio [1] - In addition to his financial contributions, he has been involved in city council politics in Croatia and ran for Parliament in 2024 [1] Company and Industry Summary - Albert Anthony's analysis on Seeking Alpha averages over 25,000 views monthly, indicating a strong engagement with investors [1] - He has a background in information systems analysis, having worked at Charles Schwab, which adds credibility to his financial insights [1] - His educational qualifications include a B.A. from Drew University and certifications from prestigious institutions such as the London School of Business Administration and UVA Darden School of Business [1]