Investing.com - Rackspace (NASDAQ: RXT) reported first quarter EPS of $-0.110, $0.02 better than the analyst estimate of $-0.130. Revenue for the quarter came in at $690.8M versus the consensus estimate of $709.4M.
Guidance
Rackspace sees Q2 2024 EPS of $-0.090 versus the analyst consensus of $-0.110.
Rackspace sees Q2 2024 revenue of $668.000M-$678.000M versus the analyst consensus of $675.800M.
Rackspace's stock price closed at $1.96. It is up 17.370% in the last 3 months and up 64.020% in the last 12 months.
Rackspace saw 0 positive EPS revisions and 5 negative EPS revisions in the last 90 days. See Rackspace's stock price’s past reactions to earnings here.
According to InvestingPro, Rackspace's Financial Health score is "fair performance".
Check out Rackspace's recent earnings performance, and Rackspace's financials here.
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