Teradata Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Teradata Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
It's been a mediocre week for Teradata Corporation (NYSE:TDC) shareholders, with the stock dropping 20% to US$25.12 in the week since its latest quarterly results. Revenues of US$436m fell slightly short of expectations, but earnings were a definite bright spot, with statutory per-share profits of US$0.38 an impressive 119% ahead of estimates. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
对于Teradata Corporation (NYSE:TDC)的股东来说,本周表现一般,股票在最新季度业绩公布后的一周内下跌了20%,至25.12美元。营业收入为43600万美元,略低于预期,但盈利表现却变得亮眼,每股收益为0.38美元,比预期高119%。分析师通常会在每个季度业绩公布后更新他们的预测,在他们的估计中,我们可以判断他们对公司的观点是否发生了变化,或者是否存在任何新的问题需要关注。我们已经整理了最近的法定预测,看看分析师在这些业绩后是否有变化。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240809/0-0c10947156ecb146df2db188211627e8-0-728109875b16737c3da58d8795e4a206.png/big)
Following the recent earnings report, the consensus from ten analysts covering Teradata is for revenues of US$1.75b in 2024. This implies a measurable 2.7% decline in revenue compared to the last 12 months. Per-share earnings are expected to bounce 52% to US$0.98. Before this earnings report, the analysts had been forecasting revenues of US$1.81b and earnings per share (EPS) of US$0.95 in 2024. If anything, the analysts look to have become slightly more optimistic overall; while they decreased their revenue forecasts, EPS predictions increased and ultimately earnings are more important.
在最近公布的季度业绩后,涵盖Teradata的十位分析师的共识预测其2024年的营业收入为1.75亿美元。这意味着与过去12个月相比,收入将下降2.7%。每股收益预计将上升52%,至0.98美元。在此业绩公布前,分析师们曾预测Teradata在2024年的营收为18.1亿美元,每股收益(EPS)为0.95美元。如果有任何变化,那么分析师们整体上的看法似乎略有乐观;虽然他们减少了营收的预测,但每股收益的预测则增加了,而最终的盈利才是更重要的。
The consensus price target fell 22% to US$34.10, with the analysts signalling that the weaker revenue outlook was a more powerful indicator than the upgraded EPS forecasts. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Teradata analyst has a price target of US$50.00 per share, while the most pessimistic values it at US$24.00. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.
共识价格目标下降22%,至34.10美元,分析师们认为营收前景的疲软是一个比升级后的EPS预测更强有力的指标。另外,评估分析师预测范围也可以提供指导,以评估极端意见与平均值的差异。最乐观的Teradata分析师的股票价格目标为50.00美元,而最悲观的股票价格目标为24.00美元。这是相当广泛的估计范围,表明分析师们正在预测业务的各种可能结果。
Of course, another way to look at these forecasts is to place them into context against the industry itself. One more thing stood out to us about these estimates, and it's the idea that Teradata's decline is expected to accelerate, with revenues forecast to fall at an annualised rate of 5.4% to the end of 2024. This tops off a historical decline of 1.7% a year over the past five years. Compare this against analyst estimates for companies in the broader industry, which suggest that revenues (in aggregate) are expected to grow 12% annually. So it's pretty clear that, while it does have declining revenues, the analysts also expect Teradata to suffer worse than the wider industry.
当然,看待这些预测的另一种方法是将它们放入与行业本身的比较中。我们还注意到这些估计中的一件事,那就是Teradata的下降预计将加速,预计到2024年年底,营业收入将以5.4%的年化率下降。过去五年的年度下降率为1.7%。将这与更广泛的行业中公司的分析师预测进行比较,这些预测表明营业收入(总计)每年预计将增长12%。因此,我们可以很清楚地看到,尽管它的营收正在下降,分析师也预计Teradata的表现将比整个行业更糟糕。
The Bottom Line
最重要的事情是分析师增加了它对下一年每股亏损的估计。令人欣慰的是,营收预测未发生重大变化,业务仍有望比整个行业增长更快。共识价格目标稳定在28.50美元,最新估计不足以对价格目标产生影响。
The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Teradata's earnings potential next year. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. Yet - earnings are more important to the intrinsic value of the business. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.
对我们来说,最重要的是共识每股收益预期的升级,显示了Teradata明年收益潜力的明显改善。不幸的是,他们也下调了营收预测,我们的数据表明,相较于更广泛的行业,其表现略显疲软。即便如此,每股收益仍然是业务内在价值更为重要的因素。此外,分析师们还降低了其价格目标,表明最新消息导致人们对业务内在价值的看法更加悲观。
With that in mind, we wouldn't be too quick to come to a conclusion on Teradata. Long-term earnings power is much more important than next year's profits. We have forecasts for Teradata going out to 2026, and you can see them free on our platform here.
考虑到这一点,我们不应该太快地得出Teradata的结论。长期的利润能力比明年的利润更为重要。我们对Teradata的预测延伸到2026年,您可以在此免费查看这些预测。
Even so, be aware that Teradata is showing 2 warning signs in our investment analysis , you should know about...
即便如此,我们的投资分析表明Teradata出现了2个警示信号,您应该了解一下...
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
对本文有任何反馈?对内容有任何疑虑?请直接与我们联系。或者,发送电子邮件至editorial-team@simplywallst.com。
这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。