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Rackspace Technology (NASDAQ:RXT) and OneConnect Financial Technology (NYSE:OCFT) Financial Contrast

Rackspace Technology (NASDAQ:RXT – Get Rating) and OneConnect Financial Technology (NYSE:OCFT – Get Rating) are both small-cap business services companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, valuation, institutional ownership, earnings, profitability, risk and analyst recommendations. Institutional and Insider Ownership 95.9% of Rackspace […]
San Antonio United States Multicloud Services Oneconnect Financial Technology Get Rating Given Oneconnect Financial Technology Oneconnect Financial Technology

Zacks Investment Research Upgrades Rackspace Technology (NASDAQ:RXT) to Hold

Rackspace Technology (NASDAQ:RXT – Get Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Friday, Zacks.com reports. According to Zacks, “Rackspace Technology Inc. provides technology services which design, build and operate cloud environments. Rackspace Technology Inc. is based in SAN ANTONIO. “ A number […]
Raymond James Multicloud Services Credit Suisse Group Zacks Investment Research Financial Services Group Inc Nisa Investment Advisors

Rackspace Technology (NASDAQ:RXT) Issues Q2 2022 Earnings Guidance

Rackspace Technology (NASDAQ:RXT – Get Rating) updated its second quarter 2022 earnings guidance on Tuesday. The company provided EPS guidance of $0.15-$0.17 for the period, compared to the consensus EPS estimate of $0.23. The company issued revenue guidance of $744.00 million-$752.00 million, compared to the consensus revenue estimate of $800.71 million. Several research firms recently […]
Raymond James Vident Investment Advisory Multicloud Services Goldman Sachs Group Inc Deutsche Bank Aktiengesellschaft Wealth Management

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Rackspace Technology (NASDAQ:RXT) Issues Q2 2022 Earnings Guidance

Rackspace Technology (NASDAQ:RXT – Get Rating) updated its second quarter 2022 earnings guidance on Tuesday. The company provided earnings per share guidance of $0.15-$0.17 for the period, compared to the consensus earnings per share estimate of $0.23. The company issued revenue guidance of $744.00 million-$752.00 million, compared to the consensus revenue estimate of $800.71 million. […]
Nova Scotia Vident Investment Advisory Multicloud Services Zacks Investment Research Manufacturers Life Insurance Company Deutsche Bank Aktiengesellschaft

Rackspace Technology, Inc.: Rackspace Technology Reports First Quarter 2022 Results; Company Evaluating Strategic Alternatives

Revenue of $776 million in the First Quarter, up 7% Year-over-YearCore Revenue Grew 9% to $735 millionQuarterly Cash Flow From Operating Activities of $65 million SAN ANTONIO, May 10, 2022 (GLOBE NEWSWIRE)
United States United Kingdom Joe Crivelli Kevin Jones Natalie Silva Rackspace Technology Investor Relations

$0.21 Earnings Per Share Expected for Rackspace Technology, Inc. (NASDAQ:RXT) This Quarter

Wall Street analysts expect that Rackspace Technology, Inc. (NASDAQ:RXT – Get Rating) will report earnings per share of $0.21 for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Rackspace Technology’s earnings. The highest EPS estimate is $0.22 and the lowest is $0.20. Rackspace Technology posted earnings of $0.23 […]
Multicloud Services Alberta Investment Management Corp Credit Suisse Group Zacks Investment Research Deutsche Bank Aktiengesellschaft Man Group

Rackspace Technology, Inc. (NASDAQ:RXT) Receives Average Recommendation of "Hold" from Brokerages

Rackspace Technology, Inc. (NASDAQ:RXT – Get Rating) has been assigned a consensus rating of “Hold” from the eleven brokerages that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. The […]
Rice Hall James Associates Multicloud Services Geode Capital Management Credit Suisse Group Zacks Investment Research Blackrock Inc

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