Rackspace Technology Inc reports results for the quarter ended in December - Earnings Summary

Rackspace Technology

22/02/2022 22:02

* Rackspace Technology Inc  RXT.OQ  reported quarterly
adjusted
earnings of 25 cents​​ per share for the quarter ended in
December. The mean expectation of eleven analysts for the
quarter was for earnings of 24 cents per share.
    * Revenue rose 8.5% to $777.30 million from a year ago; 
analysts
expected $771.22 million. 
    * Rackspace Technology Inc's reported EPS for the quarter
was a
loss of 39 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Rackspace Technology Inc shares had fallen by 11.6% this
quarter.
    * The company reported a quarterly loss of $82.9 million.
    * Wall Street's median 12-month price target for Rackspace
Technology Inc is $20.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 22 at 10:02 p.m.
 ​All figures in US dollars unless otherwise stated