Equinix EQIX announces its next round of earnings this Wednesday, July 29. Here is Benzinga's everything-that-matters guide for this Wednesday's Q2 earnings announcement.
Earnings and Revenue
Equinix EPS will likely be near $1.62 while revenue will be around $1.46 billion, according to analysts. In the same quarter last year, Equinix reported earnings per share of $5.870 on revenue of $1.39 billion. If the company were to match the consensus estimate when it reports Wednesday, EPS would have fallen 72.4%. Sales would be have grown 3.55% from the same quarter last year. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 1.64 | |||
| EPS Actual | 6.21 | 5.51 | 5.52 | 5.87 |
| Revenue Estimate | 1.45 B | 1.42 B | 1.41 B | 1.39 B |
| Revenue Actual | 1.45 B | 1.42 B | 1.40 B | 1.39 B |
Stock Performance
Over the last 52-week period, shares of Equinix are up 49.19%.
Analysts have developed a bearish outlook on the upcoming earnings release over the past few days versus 90 days ago. The general EPS consensus estimate since that time has moved up 1.22% while revenue estimates have moved up 3.55%.
Don't be surprised to see the stock move on comments made during its conference call. Equinix is scheduled to hold the call at 17:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/du3rgfht
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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