Digital Realty Trust (DLR) reported $1.37 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 11.1%. EPS of $1.63 for the same period compares to -$0.02 a year ago.The reported revenue represents a surprise of -2.02% over the Zacks Consensus Estimate of $1.4 billion. With the consensus EPS estimate being $1.64, the EPS surprise was -0.61%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

Digital Realty Trust (DLR) came out with quarterly funds from operations (FFO) of $1.63 per share, missing the Zacks Consensus Estimate of $1.64 per share. This compares to FFO of $1.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -0.61%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1.62 per share when it actually produced FFO of $1.62, delivering no surprise.Over the last four quarter ...

gorodenkoff/iStock via Getty Images Summary Digital Realty Trust (NYSE:DLR / DLR.PR.L / NYSE:DLR.PR.K / DLR.PR.J) is a REIT that specializes in data center ("DC"), colocation, and interconnection solutions. Founded in 2004 and headquartered in Austin, Texas, the company has grown to become one of the largest global providers in the DC space. Its portfolio includes DCs and colocation facilities across North America, Europe, and Asia, catering to a diverse clientele that includes domestic and internationa ...

Analysts on Wall Street project that Digital Realty Trust (DLR) will announce quarterly earnings of $1.64 per share in its forthcoming report, representing a decline of 0.6% year over year. Revenues are projected to reach $1.4 billion, increasing 13.4% from the same quarter last year.Over the last 30 days, there has been a downward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial fo ...

Key PointsAI-driven demand for data center capacity continues to build and shows little signs of abating. Investing in REITs can be an interesting, not to mention lucrative, way of gaining exposure to the industry. Two REIT stocks, in particular, are set to continue outperforming the broader market this year. 5 stocks we like better than Digital Realty TrustIf there’s one industry that’s set to outgrow pretty much all others in the coming years, it’s data centers. At the start of last year, McKinsey said th ...

AUSTIN, Texas, Jan. 25, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), a leading global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today the tax treatment of its 2023 dividends for common stock and preferred stock.  The information below has been prepared using the best available information to date.  Digital Realty's federal income tax return for the year ended December 31, 2023 has not yet been filed.  Please note that federal tax laws affect ...

ServiceFabric™ Now Includes 70 Members Providing Over 100 Services, Building on PlatformDIGITAL®'s Connected Data Communities AUSTIN, Texas, Jan. 22, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, today announced the continued momentum of ServiceFabric™, its service orchestration platform that seamlessly interconnects workflow participants, applications, clouds and ecosystems on PlatformDIGITAL ...

Digital Realty’s (DLR) portfolio of data centers globally is well-positioned to benefit from the growing reliance on technology and an acceleration in digital transformation strategies by enterprises.High growth in cloud computing, the Internet of Things and big data and the elevated demand for third-party IT infrastructure are spurring the demand for data center infrastructure. Growth in the artificial intelligence, autonomous vehicles and virtual/augmented reality markets is anticipated to be robust in th ...

Digital Realty Trust (DLR 1.17%) went from being one of short-seller Jim Chanos' largest short positions to one of the top performers in the real estate sector. In this video, I argue why I think it could still go up from here, while Fool.com contributor Tyler Crowe presents his bear argument.*Stock prices used were the afternoon prices of Jan. 12, 2024. The video was published on Jan. 14, 2024. ...

AUSTIN, Texas, Jan. 3, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, announced today that it will release financial results for the fourth quarter of 2023 after the market closes on Thursday, February 15, 2024. The company will host a conference call to discuss these results at 5:00 p.m. ET / 4:00 p.m. CT on Thursday, February 15, 2024.  To participate in the live call, investors are invited ...