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Equinix (EQIX) Earnings Date, Estimates & Call Transcripts

$818.71
+0.72 (+0.09%)
(As of 09:34 AM ET)

Earnings Summary

Upcoming
Earnings Date
Oct. 23Estimated
Actual EPS
(Aug. 7)
$3.16 Missed By -$4.72
Consensus EPS
(Aug. 7)
$7.88
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EQIX Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

EQIX Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Equinix Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$7.62$7.62$7.62 
Q2 20241$7.69$7.69$7.69 
Q3 20241$7.80$7.80$7.80 
Q4 20241$7.63$7.63$7.63 
FY 20244$30.74$30.74$30.74 
Q1 20251$7.90$7.90$7.90 
Q2 20251$8.17$8.17$8.17 
Q3 20251$8.29$8.29$8.29 
Q4 20251$8.57$8.57$8.57 
FY 20254$32.93$32.93 $32.93

EQIX Earnings Date and Information

Equinix last issued its quarterly earnings results on August 7th, 2024. The financial services provider reported $3.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $7.88 by $4.72. The company earned $2.16 billion during the quarter, compared to analyst estimates of $2.16 billion. Its quarterly revenue was up 6.9% on a year-over-year basis. Equinix has generated $9.97 earnings per share over the last year ($9.97 diluted earnings per share) and currently has a price-to-earnings ratio of 82.1. Earnings for Equinix are expected to grow by 7.33% in the coming year, from $31.23 to $33.52 per share. Equinix has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, October 23rd, 2024 based off prior year's report dates.

Equinix Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
10/23/2024
(Estimated)
------- 
8/7/2024Q2 2024$7.88$3.16($4.72)$3.16$2.16 billion$2.16 billion        
5/3/2023Q1 2023$7.00$2.77($4.23)$2.77$1.97 billion$2.00 billion        
2/15/2023Q4 2022$5.90$1.39($4.51)$1.39$1.86 billion$1.87 billion        
4/27/2022Q1 2022$6.46$1.62($4.84)---        
2/15/2022Q4 2021$5.63$1.36($4.27)-$1.70 billion$1.71 billion        
11/3/2021Q3 2021$5.97$1.68($4.29)$1.68$1.68 billion$1.68 billion      
7/28/2021Q2 2021$6.03$0.76($5.27)$0.76--      
4/28/2021Q1 2021$6.03$1.74($4.29)$6.40$1.60 billion$1.60 billion      
2/9/2021Q4 2020$1.53$0.57($0.96)$0.57$1.56 billion$1.56 billion      
10/28/2020Q3 2020$5.45$0.74($4.71)$0.74--      
7/29/2020Q2 2020$5.40$1.52($3.88)$1.52$1.46 billion$1.47 billion      
5/6/2020Q1 2020$5.40$1.38($4.02)$1.38$1.45 billion$1.44 billion      
2/12/2020Q4 2019$1.56$1.46($0.10)$1.46$1.41 billion$1.42 billion      
10/30/2019Q3$4.96$1.41($3.55)$1.41$1.41 billion$1.40 billion      

Equinix Earnings - Frequently Asked Questions

When is Equinix's earnings date?

Equinix has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, October 23rd, 2024 based off last year's report dates. Learn more on EQIX's earnings history.

What guidance has Equinix issued on next quarter's earnings?

Equinix updated its third quarter 2024 earnings guidance on Wednesday, August, 7th. The company issued revenue guidance of $2.2 billion-$2.2 billion, compared to the consensus revenue estimate of $2.3 billion.

Did Equinix beat their earnings estimates last quarter?

In the previous quarter, Equinix (NASDAQ:EQIX) missed the analysts' consensus estimate of $7.88 by $4.72 with a reported earnings per share (EPS) of $3.16. Learn more on analysts' earnings estimate vs. EQIX's actual earnings.

How can I listen to Equinix's earnings conference call?

The conference call for Equinix's latest earnings report can be listened to online. Listen to Conference Call

How can I read Equinix's conference call transcript?

The conference call transcript for Equinix's latest earnings report can be read online. Read Transcript

How much revenue does Equinix generate each year?

Equinix (NASDAQ:EQIX) has a recorded annual revenue of $8.46 billion.

How much profit does Equinix generate each year?

Equinix (NASDAQ:EQIX) has a recorded net income of $969.18 million. EQIX has generated $9.97 earnings per share over the last four quarters.

What is Equinix's price-to-earnings ratio?

Equinix (NASDAQ:EQIX) has a trailing price-to-earnings ratio of 82.12 and a forward price-to-earnings ratio of 26.22. The price/earnings-to-growth ratio is 2.8.

What is Equinix's EPS forecast for next year?

Equinix's earnings are expected to grow from $31.23 per share to $33.52 per share in the next year, which is a 7.33% increase.


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This page (NASDAQ:EQIX) was last updated on 8/22/2024 by MarketBeat.com Staff

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