Rackspace Technology Reports Third Quarter 2022 Results
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Rackspace Technology Inc. (RXT) PT Lowered to $6 at BMO Capital
November 10, 2022 5:01 PM ESTBMO Capital analyst Keith Bachman lowered the price target on Rackspace Technology Inc. (NASDAQ: RXT) to $6.00 (from $7.00) while maintaining a Market Perform rating following earnings.
The analyst commented, "We thought Rackspace delivered solid results against low expectations though the company is still... More
Rackspace Technology (RXT) Tops Q3 EPS by 1c; Offers Q4 Guidance
November 9, 2022 4:15 PM ESTRackspace Technology (NASDAQ: RXT) reported Q3 EPS of $0.10, $0.01 better than the analyst estimate of $0.09. Revenue for the quarter came in at $788 million versus the consensus estimate of $773.15 million.
GUIDANCE:
Rackspace Technology sees Q4 2022 EPS of $0.04-$0.06, versus the consensus of $0.07.... More
