Equinix Inc EQIX.OQ reported a quarterly adjusted loss of 14 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $2.40. The mean expectation of twenty analysts for the quarter was for earnings of $2.71 per share. Wall Street expected results to range from $2.22 to $3.21 per share.
Revenue rose 7.1% to $2.26 billion from a year ago; analysts expected $2.27 billion.
Equinix Inc's reported EPS for the quarter was a loss of 14 cents.
The company reported a quarterly loss of $14 million.
Equinix Inc shares had risen by 0.1% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.7% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 23 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the specialized reits peer group is also "buy"
Wall Street's median 12-month price target for Equinix Inc is $1,038.00
This summary was machine generated from LSEG data February 12 at 10:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Dec. 31 2024 | 2.71 | -0.14 | Missed |
Sep. 30 2024 | 2.93 | 3.10 | Beat |
Jun. 30 2024 | 2.67 | 3.16 | Beat |
Mar. 31 2024 | 2.64 | 2.43 | Missed |
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