Rackspace Technology (NASDAQ:RXT) reported its Q4 earnings results on Tuesday, February 22, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Rackspace Technology beat estimated earnings by 4.17%, reporting an EPS of $0.25 versus an estimate of $0.24.
Revenue was up $61.10 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 11.41% increase in the share price the next day.
Here's a look at Rackspace Technology's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.24 | 0.22 | 0.21 | 0.23 |
| EPS Actual | 0.25 | 0.24 | 0.23 | 0.26 |
| Revenue Estimate | 756.00M | 740.66M | 724.08M | 701.79M |
| Revenue Actual | 762.50M | 743.80M | 725.90M | 716.20M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
