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RPD — Rapid7 News Story

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Rapid7 Inc reports results for the quarter ended March 31 - Earnings Summary

Rapid7 Inc RPD.OQ reported quarterly adjusted earnings of 49 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 55 cents.  The mean expectation of twenty three analysts for the quarter was for earnings of 35 cents per share. Wall Street expected results to range from 33 cents to 36 cents per share.

Revenue rose 2.5% to $210.25 million from a year ago; analysts expected $208.23 million.

Rapid7 Inc's reported EPS for the quarter was 3 cents​.

The company reported quarterly net income of $2.11 million.

Rapid7 Inc shares had fallen by 5.2% this quarter and lost 37.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 37.4% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 17 "hold" and no "sell" or "strong sell." The average consensus recommendation for the software peer group is also "hold"

Wall Street's median 12-month price target for Rapid7 Inc is $36.50

This summary was machine generated from LSEG data May 12 at 09:38 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.350.49Beat
Dec. 31 20240.500.48Missed
Sep. 30 20240.520.66Beat
Jun. 30 20240.520.58Beat

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