• Rackspace Technology Inc RXT.OQ reported a quarterly adjusted loss of 5 cents​​ per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of three analysts for the quarter was for a loss of 5 cents per share.

• Revenue fell 0.7% to $671.20 million from a year ago; analysts expected $666.83 million.

• Rackspace Technology Inc's reported EPS for the quarter was a loss of 28 cents​.

• The company reported a quarterly loss of $67.1 million.

• Rackspace Technology Inc shares had risen by 3.5% this quarter and lost 33.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 25% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is "buy."

• Wall Street's median 12-month price target for Rackspace Technology Inc is $1.50, about 2.7% above its last closing price of $1.46

This summary was machine generated from LSEG data November 7 at 11:47 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)