Equinix closed higher than previous day, reporting strong earnings

From Nasdaq: 2025-01-09 18:15:24

Equinix (EQIX) closed at $951.04, up 1.17% from the previous day, outperforming S&P 500. The stock saw a 2.31% decrease in the last month, beating the Finance sector and S&P 500 losses. Earnings report on February 12, 2025, expects EPS of $8.11 and revenue of $2.28 billion, with a Zacks Rank of #3 (Hold). Equinix trades at a premium to its industry with a Forward P/E ratio of 24.82 and a PEG ratio of 1.99. The REIT and Equity Trust – Retail industry has an average PEG ratio of 2.8 and a Zacks Industry Rank of 71, in the top 29% of all industries. Check out Zacks.com for more details.
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Read more at Nasdaq: Equinix (EQIX) Outpaces Stock Market Gains: What You Should Know