Digital Realty Trust (DLR) came out with quarterly funds from operations (FFO) of $1.67 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $1.62 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate investment trust would post FFO of $1.63 per share when it actually produced FFO of $1.65, delivering a surprise of 1.23%.Over the last four quarters, the company has surpassed consensus FFO estimates two times.Dig ...

Table of Contents Exhibit 99.1 | --- | --- | --- | |-------|-------|-------| | | | | | | | | | --- | --- | |-------------------------------------------------------------------------------------------------------|-----------------------------------------------| | Table of Contents \nTable of Contents | Financial Supplement Third Quarter 2024 | | | | | Overview | PAGE | | Corporate Information | 3 | | Key Quarterly Financial Data | 5 | | Consolidated Statements of Operations | | | Earnings Release | 7 | | 202 ...

Digital Realty Trust, Inc. (NYSE: DLR ) will be reporting earnings after the close on October 24, 2024, with consensus estimates calling for $1,429mm in revenue and AFFO/share to come in at $1.50/share. Analysts have revised their estimatesMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range from O&G, OFS, Midstream, Industrials, In ...

Digital Realty Trust (DLR) is slated to report third-quarter 2024 results on Oct. 24 after the closing bell. The quarterly results are expected to reflect year-over-year growth in both revenues and funds from operations (FFO) per share. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. This Austin, TX-based data center real estate investment trust (REIT) reported a core FFO per share of $1.65 in the prior quarter, outpacing the Zacks Consensus Estimate of $1.63. The quarterly results ...

In its upcoming report, Digital Realty Trust (DLR) is predicted by Wall Street analysts to post quarterly earnings of $1.67 per share, reflecting an increase of 3.1% compared to the same period last year. Revenues are forecasted to be $1.44 billion, representing a year-over-year increase of 2.3%.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projectio ...

Overview of the Recent Transaction - Norges Bank acquired an additional 3,333,399 shares of Digital Realty Trust Inc (DLR) on September 30, 2024, increasing their total holdings to 21,791,414 shares [1] - The shares were purchased at $161.83 each, reflecting a strategic addition to Norges Bank's investment portfolio [1] Profile of Norges Bank - Norges Bank is a global investment entity based in Oslo, managing a diverse portfolio with a strong focus on technology and financial services [2] - The bank's equity portfolio is valued at approximately $669.35 billion, with top holdings including Apple Inc, Amazon.com Inc, and Microsoft Corp [2] NORGES BANK's Top Holdings of 2024-06-30 - Microsoft Corp: $43.4 billion (6.48% of portfolio) [3] - Apple Inc: $37.4 billion (5.59% of portfolio) [3] - NVIDIA Corp: $36.0 billion (5.38% of portfolio) [3] - Amazon.com Inc: $23.0 billion (3.43% of portfolio) [3] - Alphabet Inc: $19.6 billion (2.92% of portfolio) [3] - Meta Platforms: $15.4 billion (2.29% of portfolio) [3] - Eli Lilly and Co: $10.0 billion (1.49% of portfolio) [3] - Broadcom Inc: $9.3 billion (1.39% of portfolio) [3] - JPMorgan Chase: $7.5 billion (1.11% of portfolio) [3] - Exxon Mobil Corp: $7.4 billion (1.11% of portfolio) [3] Introduction to Digital Realty Trust Inc - Digital Realty Trust Inc is a leading data center company headquartered in the USA, with over 300 data centers globally [4] - The company operates as a Real Estate Investment Trust (REIT) and has shifted its focus towards providing higher-level services for large-scale cloud service providers [4] Digital Realty Trust Inc (DLR) GF Score: 84/100 - Norges Bank's recent acquisition increased their stake in Digital Realty to 6.66% of their total portfolio, emphasizing a strategic focus on real estate and technology sectors [5] - Digital Realty's stock is modestly overvalued with a GF Value of $135.26 and a market capitalization of $51.49 billion [5] - The stock has seen a year-to-date increase of 16.3%, despite a recent price drop of 2.82% since the transaction [5] - Since its IPO, the stock has surged by 1210.58%, indicating robust long-term growth [5] Sector and Industry Analysis - Digital Realty stands out in the REITs industry due to its specialized focus on data centers, a critical component of the digital economy [6] - The company's strategic shift towards higher service levels positions it well to meet the growing demand for data processing and storage solutions [6] Other Significant Stakeholders - Notable investors in Digital Realty include Baron Funds, Chris Davis (Trades, Portfolio), and Jefferies Group (Trades, Portfolio), contributing to a diverse shareholder base [7] Conclusion - Norges Bank's acquisition of additional shares in Digital Realty Trust Inc highlights a strategic commitment to the technology and real estate sectors [8] - This investment enhances Norges Bank's portfolio and positions it to capitalize on the growing global demand for data center services [8]

AUSTIN, Texas, Oct. 1, 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 third quarter of 2024 after the market closes on Thursday, October 24, 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, October 24, 2024. To participate in the live call, investors are invited to d ...

Digital Realty (DLR) recently announced that it has refinanced and upsized its revolving credit facilities to $4.5 billion. This move strengthens the data center REIT's strong financial flexibility. DLR has amended, restated and extended its present $3.75 billion multi-currency global unsecured revolving credit facility to $4.2 billion, reflecting an expansion of $450 million. The $4.2 billion credit facility is set to mature in January 2029, with the possibility of a one-year extension to January 2030. DLR ...

Digital Realty Trust, Inc. (NYSE:DLR) 2024 RBC Capital Markets Global Communications Infrastructure Conference September 24, 2024 2:40 PM ET Company Participants Matt Mercier - CFO Jordan Sadler - Head of IR Conference Call Participants Jonathan Atkin - RBC Capital Markets Jonathan Atkin Our next session, I'd like to welcome back Digital Realty to our conference. And from the far right, we have Jordan Sadler, who is the Head of Investor Relations. And then we have Matt Mercier to my immediate left, the Chie ...

Digital Realty Trust, Inc. (NYSE:DLR) 2024 RBC Capital Markets Global Communications Infrastructure Conference September 24, 2024 2:40 PM ET Company Participants Matt Mercier - CFO Jordan Sadler - Head of IR Conference Call Participants Jonathan Atkin - RBC Capital Markets Jonathan Atkin Our next session, I'd like to welcome back Digital Realty to our conference. And from the far right, we have Jordan Sadler, who is the Head of Investor Relations. And then we have Matt Mercier to my immediate left, the Chie ...