Rackspace Sees Q3 Adj. EPS $(0.06)-$(0.04) vs $(0.05) Est., Total Revenue $722M-$732M vs $730.44M Est.
Portfolio Pulse from Benzinga Newsdesk
Rackspace has projected its Q3 adjusted EPS to be between $(0.06) and $(0.04), compared to an estimate of $(0.05). The company also expects total revenue to be between $722M and $732M, against an estimate of $730.44M.
August 08, 2023 | 8:13 pm
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Rackspace's Q3 adjusted EPS and total revenue forecasts are in line with estimates, indicating stable financial performance.
Rackspace's Q3 adjusted EPS and total revenue forecasts are close to the estimates. This suggests that the company's financial performance is stable, which is likely to have a neutral impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100