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RXT

Rackspace Technology Inc

$5.46

Earnings Summary

Revenue
$775.5Mn
Net Profits
$-38.5Mn
Net Profit Margins
-4.96%

Highlights

Revenue:

Rackspace Technology Inc’s revenue jumped 6.83% since last year same period to $775.5Mn in the Q1 2022. On a quarterly growth basis, Rackspace Technology Inc has generated -0.23% fall in its revenue since last 3-months.

Net Profits:

Rackspace Technology Inc’s net profit jumped 39.84% since last year same period to $-38.5Mn in the Q1 2022. On a quarterly growth basis, Rackspace Technology Inc has generated 53.56% jump in its net profits since last 3-months.

Net Profit Margins:

Rackspace Technology Inc’s net profit margin jumped 43.69% since last year same period to -4.96% in the Q1 2022. On a quarterly growth basis, Rackspace Technology Inc has generated 53.45% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Rackspace Technology Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.16
EPS Estimate Current Year
0.16

Highlights

EPS Estimate Current Quarter:

Rackspace Technology Inc’s earning per share (EPS) estimates for the current quarter stand at 0.16 - a -23.81% fall from last quarter’s estimates.

EPS Estimate Current Year:

Rackspace Technology Inc’s earning per share (EPS) estimates for the current year stand at 0.16.

Key Ratios

Key ratios of the Rackspace Technology Inc post its Q1 2022 earnings

Earning Per Share (EPS)
0.22
Return on Assets (ROA)
0.02
Return on Equity (ROE)
-0.15
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Rackspace Technology Inc’s earning per share (EPS) fell -4.35% since last year same period to 0.22 in the Q1 2022. This indicates that the Rackspace Technology Inc has generated -4.35% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Rackspace Technology Inc’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Rackspace Technology Inc’s return on equity (ROE) stands at -0.15.

Dividend Per Share (DPS):

Rackspace Technology Inc declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-10
0.21
0.22
4.76%

Company Information

Rackspace Technology is a leading end-to-end multicloud technology services company. The company can design, build and operate its customers' cloud environments across all major technology platforms, irrespective of technology stack or deployment model. Rackspace partners with its customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

Organisation
Rackspace Technology Inc
Employees
7.2K
Industry
Technology Services