Rackspace Technology (RXT) Tops Q2 EPS by 2c, Q3 Guidance Misses

Rackspace Technology (NASDAQ: RXT) reported Q2 EPS of $0.24, $0.02 better than the analyst estimate of $0.22. Revenue for the quarter came in at $744 million versus the consensus estimate of $740.66 million.

GUIDANCE:

Rackspace Technology sees Q3 2021 EPS of $0.23-$0.25, versus the consensus of $0.26. Rackspace Technology sees Q3 2021 revenue of $750-760 million, versus the consensus of $761.2 million.

For earnings history and earnings-related data on Rackspace Technology (RXT) click here.

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