Teradata Falls After Q1 Outlook Comes In Below Estimates
(RTTNews) - Teradata Corp. (TDC) shares are falling more than 22 percent on Tuesday morning trade after the company's projection for first-quarter earnings came in below the Street estimates.
The company expects first-quarter adjusted earnings per share in a range of $0.53-$0.57, while analysts are looking for $0.74 per share.
Currently, shares are at $37.70, down 22.83 percent from the previous close of $48.79 on a volume of 2,144,480.
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