Data and analytics software provider Teradata (NYSE:TDC) will be reporting results tomorrow after market hours. Here's what to look for.

Last quarter Teradata reported revenues of $476 million, down 4.03% year on year, in line with analyst expectations. It was a decent quarter for the company, with a significant improvement in its gross margin and a narrow beat of analysts' revenue estimates.

Is Teradata buy or sell heading into the earnings? Read our full analysis here, it's free.

This quarter analysts are expecting Teradata's revenue to grow 3.46% year on year to $444.9 million, improving on the 12.4% year-over-year decline in revenue the company had recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.45 per share.

Majority of analysts covering the company have reconfirmed their estimates over the last thirty days, suggesting they are expecting the business to stay the course heading into the earnings. The company missed Wall St's revenue estimates three times over the last two years.

Looking at Teradata's peers in the data and analytics software segment, some of them have already reported Q2 earnings results, giving us a hint of what we can expect. Commvault Systems reported flat revenue growth year on year, beating analyst estimates by 0.49%, and Confluent reported revenues up 35.8% year on year, exceeding estimates by 3.75%. Commvault Systems traded down 2.54% on the results, Confluent was up 11.2%. Read our full analysis of Commvault Systems's results here and Confluent's results here.

There has been positive sentiment among investors in the software segment, with the stocks up on average 2.48% over the last month. Teradata is up 3.48% during the same time, and is heading into the earnings with analyst price target of $56.00, compared to share price of $56.46.

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The author has no position in any of the stocks mentioned.