Rapid7 (RPD) Tops Q1 Earnings and Revenue Estimates

Company Performance - Rapid7 reported quarterly earnings of $0.49 per share, exceeding the Zacks Consensus Estimate of $0.35 per share, but down from $0.55 per share a year ago, representing an earnings surprise of 40% [1] - The company posted revenues of $210.25 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.14% and up from $205.1 million year-over-year [2] - Over the last four quarters, Rapid7 has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance and Outlook - Rapid7 shares have declined approximately 37.5% since the beginning of the year, compared to a decline of 3.8% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $0.42 on revenues of $214.54 million, and for the current fiscal year, it is $1.78 on revenues of $865.36 million [7] - The estimate revisions trend for Rapid7 is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Internet - Software industry, to which Rapid7 belongs, is currently in the top 39% of over 250 Zacks industries, suggesting that companies in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8]