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Teradata Corp. Q3 adjusted earnings Miss Estimates

Teradata Corp. (TDC) announced a profit for third quarter that dropped from last year.

The company's bottom line came in at $10 million, or $0.09 per share. This compares with $18 million, or $0.15 per share, in last year's third quarter.

Excluding items, Teradata Corp. reported adjusted earnings of $36 million or $0.32 per share for the period.

Analysts had expected the company to earn $0.40 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 12.7% to $459 million from $526 million last year.

Teradata Corp. earnings at a glance:

-Earnings (Q3): $36 Mln. vs. $43 Mln. last year.
-EPS (Q3): $0.32 vs. $0.36 last year.
-Analysts Estimate: $0.40
-Revenue (Q3): $459 Mln vs. $526 Mln last year.

Next quarter EPS guidance: $0.13 - $0.18
Full year EPS guidance: $0.95 - $1.00

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