A year ago, our EPS was $0.22. This year it's $0.10. I'm betting we don't even meet that on Monday.
6 replies (most recent on top)
EPS is 0.29. Teradata outperformed all expectations. Increased revenue, huge cloud growth. A beat all around. Even the market thinks so with 5% increase in after hours trade. Whoever said it will shoot up in price once the market opens is spot on the money.
Will easily outperform the analyst expectations. Will shoot up in price once the market opens
The reason that incompetent people don’t get caught out is that their managers can’t tell the difference and they won’t/don’t listen to the peer group that can spot a fake.
That runs all the way up the chain to the top, hence why there have been so many C level and senior management changes in recent years.
And that leads us back to the original subject of this thread….a forecast of further decline in EPS. Not many variables in that metric that you can affect if you aren’t growing.
You can reduce the number of shares in circulation (buy back) and/or you reduce costs (RIFs).
You can also try and switch the focus to another metric and hope no one spots it but I think The Street analysts that cover TDC have worked that one out already.
There should be a special Teradata award (and RSU grant!) for people that do whatever it takes to fake their competence. The best fakers are able to convince peers to praise them in the spotlight and give them awards they clearly don’t deserve. Faking what you know and looking silly as others that do know see you as being in way over your head is a special bonus. Never seen a company where people get away with this for a good part of their career.
Ever take a look at the people who've managed to avoid getting laid off over the past few years? Not exactly the cream of the crop. It's backwards.
Which, as we all know, will mean more layoffs.