Rackspace Technology Inc expected to post a loss of 5 cents a share - Earnings Preview

Reuters
08/06
<a href="https://laohu8.com/S/RXT">Rackspace Technology</a> Inc <rxt.oq> expected to post a loss of 5 cents a share - Earnings Preview </rxt.oq>
  • Rackspace Technology Inc RXT.OQ RXT.O is expected to show a fall in quarterly revenue when it reports results on August 7 for the period ending June 30 2025

  • The San Antonio Texas-based company is expected to report a 3.7% decrease in revenue to $659.395 million from $684.9 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on May 8 2025, for the period ended June 30, was for revenue between $653.00 million and $665.00 million.

  • ​LSEG's mean analyst estimate for Rackspace Technology Inc is for a loss of 5 cents per share. The company's EPS guidance on May 8 2025, for the period ended June 30, was between $-0.06 and $-0.04

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and 1 "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 $1.68, about 24.8% above its last closing price of $1.26

The company's guidance on May 8 2025 for the period ended June 30 was for Earnings before Interest and Taxes between USD25 million and USD27 million.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Mar. 31 2025

-0.08

-0.08

-0.06

Beat

25.9

Dec. 31 2025

-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

​​Mar. 31 2024

-0.13

-0.13

-0.11

Beat

17

Dec. 31 2023

-0.04

-0.03

Beat

22.1​

Sep. 30 2023

-0.05

-0.05

-0.04

Beat

13.3

Jun. 30 2023

-0.08

-0.08

-0.06

Beat

23.5

This summary was machine generated August 5 at 22:27 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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