EQIX Earnings Prediction
The chart below shows how EQIX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, EQIX sees a +1.45% change in stock price 10 days leading up to the earnings, and a +4.48% change 10 days following the report. On the earnings day itself, the stock moves by -0.86%. This data can give you a slight idea of what to expect for the next quarter's release.
EQIX Key Earning Data
EQIX Earnings Analysis
Positive
Consistent Revenue Growth: Revenues for the full year were $8.7 billion, up 8% year over year, marking 22 consecutive years of quarterly revenue growth.
EBITDA Margin Improvement: Adjusted EBITDA reached $4.1 billion, reflecting a 160 basis point improvement in margins year over year.
AFFO Growth Performance: AFFO per share grew by 10% year over year, indicating strong performance in shareholder value creation.
Record Gross Bookings Achieved: The company achieved record gross bookings in 2024, with over 16,200 deals across more than 6,000 customers, showcasing robust demand.
Interconnection Revenue Growth: Interconnection revenue increased by 9% year over year, now representing 19% of recurring revenues, highlighting the strength of Equinix's interconnected digital ecosystems.
Negative
Impairment Charge Impact: Equinix recorded a $160 million impairment charge related to the end of sale of its metal product offering, indicating a significant negative impact on its financials.
Impairment Charge Impact: A one-off impairment charge of $73 million was recorded for the Hong Kong 4 asset, reflecting challenges in asset performance and valuation.
Restructuring Charge Impact: A restructuring charge of $31 million was incurred due to a reduction in force, highlighting cost management issues and potential operational inefficiencies.
EMEA Growth Challenges: The EMEA region experienced only 2% year-over-year growth, significantly lagging behind other regions and indicating potential market share loss or demand weakness.
Revenue Growth Challenges: Q4 revenues were impacted by a $22 million foreign exchange headwind, which, combined with deferred fees, suggests underlying revenue growth may be weaker than anticipated.
EQIX FAQs
How does EQIX typically perform around its earnings report dates?
EQIX's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a +1.45% change leading up to the report and a +4.48% change in the 10 days following the release.
Is Equinix Inc (EQIX) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
EQIX Earning Call Sentiment
Earnings call transcript: Equinix Q4 2024 shows robust growth, eyes AI future
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