Wall Street analysts predict that #Teradata Co. (NYSE:TDC) will announce $515.7 million in sales for the current quarter, according to Zacks Investment Research. Five analysts have issued estimates for Teradata’s earnings. The highest sales estimate is $525.1 million and the lowest is $510 million. Teradata reported sales of $599 million in the same quarter last year, which would suggest a negative year over year growth rate of 13.9%. The firm is expected to announce its next earnings report on Tuesday, August 1st. On average, analysts expect that Teradata will report full-year sales of $515.7 million for the current fiscal year, with estimates ranging from $2.05 billion to $2.12 billion. For the next year, analysts forecast that the business will post sales of $2.05 billion per share, with estimates ranging from $2 billion to $2.09 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Teradata. Teradata (NYSE:TDC) last released its quarterly earnings data on Thursday, April 27th. The technology company reported $0.28 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.28. Teradata had a net margin of 5.38% and a return on equity of 32.35%. The firm had revenue of $491 million for the quarter, compared to the consensus estimate of $497.29 million. During the same quarter in the prior year, the company posted $0.47 earnings per share. The business’s revenue was down 9.9% on a year-over-year basis.
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