Why Is Teradata Stock Falling on Wednesday?

Teradata Corp. (NYSE: TDC ) stock traded lower on Wednesday after reporting second-quarter financial results and issuing third-quarter guidance below Wall Street estimates on Tuesday. For the second quarter, Teradata reported adjusted earnings of 69 cents per share, beating the analyst estimate of 56 cents. Sales reached $410 million, topping the expected $397.052 million. Read Also: JPMorgan CEO Jamie Dimon Is Quietly Rallying CEOs to Prepare for AI's Biggest Risks: Report Outlook Misses Street Estimates For the third quarter, Teradata expects adjusted EPS between 55 cents and 59 cents, below the 62 cents estimate. The company projects third quarter sales of $391.040 million to $399.360 million, missing the $404.827 million estimate. Teradata sees third quarter GAAP EPS of 27 cents to 31 cents versus the 32 cents estimate. For the fiscal year 2026, Teradata has increased its adjusted...