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RXT

Rackspace Technology, Inc.

$1.52

Earnings Summary

Revenue
$719.7Mn
Net Profits
$28Mn
Net Profit Margins
3.89%

Highlights

Revenue:

Rackspace Technology, Inc.’s revenue fell -8.55% since last year same period to $719.7Mn in the Q4 2023. On a quarterly growth basis, Rackspace Technology, Inc. has generated -1.73% fall in its revenue since last 3-months.

Net Profits:

Rackspace Technology, Inc.’s net profit jumped 113.08% since last year same period to $28Mn in the Q4 2023. On a quarterly growth basis, Rackspace Technology, Inc. has generated 112.36% jump in its net profits since last 3-months.

Net Profit Margins:

Rackspace Technology, Inc.’s net profit margin jumped 114.31% since last year same period to 3.89% in the Q4 2023. On a quarterly growth basis, Rackspace Technology, Inc. has generated 112.57% 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
-0.13
EPS Estimate Current Year
-0.13

Highlights

EPS Estimate Current Quarter:

Rackspace Technology, Inc.’s earning per share (EPS) estimates for the current quarter stand at -0.13 - a -225% 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 -0.13.

Key Ratios

Key ratios of the Rackspace Technology, Inc. post its Q4 2023 earnings

Earning Per Share (EPS)
-0.03
Return on Assets (ROA)
-0.01
Return on Equity (ROE)
-3.53

Highlights

Earning Per Share (EPS):

Rackspace Technology, Inc.’s earning per share (EPS) fell -150% since last year same period to -0.03 in the Q4 2023. This indicates that the Rackspace Technology, Inc. has generated -150% 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 -0.01.

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 -3.53.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2023-11-09
-0.05
-0.04
20%
2023-05-10
-0.03
-0.02
33.33%
2023-08-09
-0.08
-0.06
25%
2024-03-15
-0.04
-0.03
25%