Rackspace Technology Inc expected to post a loss of 8 cents a share - Earnings Preview
Rackspace Technology Inc expected to post a loss of 8 cents a share - Earnings Preview
Rackspace Technology Inc RXT.OQ RXT.O is expected to show a fall in quarterly revenue when it reports results on August 11 for the period ending June 30 2026
The San Antonio Texas-based company is expected to report a 3.0% decrease in revenue to $646 million from $666.3 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on July 9 2026, for the period ended June 30, was for revenue between $641.00 million and $649.00 million.
LSEG's mean analyst estimate for Rackspace Technology Inc is for a loss of 8 cents per share. The company's EPS guidance on July 9 2026, for the period ended June 30, was between $-0.11 and $-0.08
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Rackspace Technology Inc is $5.00, about 3.7% above its last closing price of $4.82
The company's guidance on July 9 2026 for the period ended June 30 was for Earnings before Interest and Taxes between USD19 million and USD23 million.The company's guidance on July 9 2026 for the period ended June 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD641 million and USD62 million.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2026 | -0.03 | -0.03 | -0.06 | Missed | -71.4 |
Dec. 31 2026 | -0.03 | -0.03 | -0.01 | Beat | 66.7 |
Sep. 30 2025 | -0.05 | -0.05 | -0.05 | Met | 0 |
Jun. 30 2025 | -0.05 | -0.05 | -0.06 | Missed | -13.2 |
Mar. 31 2025 | -0.08 | -0.08 | -0.06 | Beat | 25.9 |
Dec. 31 2024 | -0.04 | -0.04 | -0.02 | Beat | 48.5 |
Sep. 30 2024 | -0.07 | -0.07 | -0.05 | Beat | 32 |
Jun. 30 2024 | -0.11 | -0.11 | -0.08 | Beat | 24.8 |
This summary was machine generated August 7 at 16:32 GMT. 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)
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