Rackspace Technology Likely To Report Q4 Loss; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts

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Rackspace Technology, Inc. (NASDAQ: RXT) is expected to release earnings results for its fourth quarter, after the closing bell on March 12, 2024.

Analysts expect the San Antonio, Texas-based company to report a quarterly loss at 4 cents per share, versus a year-ago profit of 6 cents per share. Rackspace Technology is projected to report quarterly revenue of $714.72 million, compared to $787 million in the year-earlier quarter, according to data from Benzinga Pro.

On Feb. 8, Rackspace Technology announced the appointment of Mark Gross to its Board of Directors.

Rackspace Technology shares gained 3.5% to …

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