Equinix Inc reports results for the quarter ended June 30 - Earnings Summary
30/07/2025 22:02
Equinix Inc EQIX.OQ reported quarterly adjusted earnings of $3.75 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $3.16. The mean expectation of twenty analysts for the quarter was for earnings of $3.48 per share. Wall Street expected results to range from $2.93 to $3.80 per share. Revenue rose 4.5% to $2.26 billion from a year ago; analysts expected $2.26 billion. Equinix Inc's reported EPS for the quarter was $3.75. The company reported quarterly net income of $368 million. Equinix Inc shares had risen by 2.0% this quarter and lost 14.0% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had risen by about 4.7% in the last three months. In the last 30 days, two analysts negatively revised earnings estimates RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 23 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is also "buy" Wall Street's median 12-month price target for Equinix Inc is $955.00, about 15.1% above its last closing price of $811.13 This summary was machine generated from LSEG data July 30 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Jun. 30 2025 | 3.48 | 3.75 | Beat |
| Mar. 31 2025 | 2.96 | 3.61 | Beat |
| Dec. 31 2024 | 2.71 | 2.58 | Missed |
| Sep. 30 2024 | 2.93 | 3.10 | Beat |