Equinix Inc reports results for the quarter ended June 30 - Earnings Summary
Equinix Inc reports results for the quarter ended June 30 - Earnings Summary
Equinix Inc EQIX.OQ reported quarterly adjusted earnings of $4.82 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $3.76. The mean expectation of twenty two analysts for the quarter was for earnings of $4.72 per share. Wall Street expected results to range from $4.18 to $5.12 per share.
Revenue rose 16.4% to $2.63 billion from a year ago; analysts expected $2.58 billion.
Equinix Inc's reported EPS for the quarter was $4.83.
The company reported quarterly net income of $479 million.
Equinix Inc shares had fallen by 0.7% this quarter and gained 35.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 5.4% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 28 "strong buy" or "buy," 6 "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 $1,210.00, about 16.7% above its last closing price of $1,008.02
This summary was machine generated from LSEG data July 29 at 11:10 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 2026 | 11.26 | 11.78 | Beat |
Mar. 31 2026 | 10.73 | 10.79 | Beat |
Dec. 31 2025 | 8.85 | 8.91 | Beat |
Sep. 30 2025 | 9.19 | 9.83 | Beat |