Here's Why Equinix (EQIX) Gained But Lagged the Market Today

The upcoming earnings release of Equinix will be of great interest to investors. The company's earnings report is expected on August 7, 2024. The company is forecasted to report an EPS of $8.82, showcasing a 9.7% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $2.16 billion, reflecting a 6.86% rise from the equivalent quarter last year. Empirical research indicates that these revisions in estimates have a direc ...