Core Viewpoint - Equinix, Inc. is expected to report year-over-year growth in revenues and adjusted funds from operations (AFFO) per share for Q4 and full-year 2024 results, with a focus on strong demand for digital infrastructure driving performance [1][2][3]. Financial Performance - The Zacks Consensus Estimate for Q4 2024 revenues is between $2.262 billion and $2.302 billion, indicating an 8.1% increase from the previous year [7]. - Colocation revenues are projected at $1.57 billion, reflecting a 6.6% growth from $1.47 billion in the prior-year period, while interconnection revenues are expected to reach $392.8 million, marking a 9.8% increase from $357.7 million [6]. - The estimated adjusted EBITDA for Q4 is between $1.01 billion and $1.05 billion, suggesting a year-over-year increase of 14% [7]. Growth Drivers - Equinix's recurring revenue model, which includes colocation and interconnection services, is anticipated to support stable cash flows and boost top-line growth [5]. - The company is expanding its International Business Exchanges data centers globally to meet the increasing demand for data management and digital transformation strategies [3][4]. Projections for 2024 - For the full year 2024, Equinix projects AFFO per share between $34.81 and $35.22, indicating an 8-10% increase from the previous year [9]. - Total revenues are estimated to be in the range of $8.748 billion to $8.788 billion, representing a year-over-year growth of 7% [10]. - The Zacks Consensus Estimate for full-year AFFO per share is pegged at $35.19, reflecting a 9.6% increase year over year [10]. Market Sentiment - Despite the positive growth outlook, high interest expenses may partially hinder quarterly performance, with an estimated year-over-year increase of 8.1% in interest expenses [8]. - The Zacks Consensus Estimate for quarterly AFFO per share has remained unchanged at $8.11, suggesting an 11.1% increase from the prior-year quarter [8].

The upcoming report from Equinix (EQIX) is expected to reveal quarterly earnings of $8.11 per share, indicating an increase of 11.1% compared to the year-ago period. Analysts forecast revenues of $2.28 billion, representing an increase of 8.1% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a compan ...

Equinix (EQIX) ended the recent trading session at $936.50, demonstrating a +1.32% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.39%. Meanwhile, the Dow gained 0.71%, and the Nasdaq, a tech-heavy index, added 0.2%.Prior to today's trading, shares of the data center operator had lost 1.68% over the past month. This has lagged the Finance sector's gain of 4.25% and the S&P 500's gain of 1.7% in that time.Analysts and investors alike will be ke ...

Stock Performance - Equinix (EQIX) ended the recent trading session at $922 13, showing a +1 53% increase from the previous day's closing price [1] - The stock's performance surpassed the S&P 500's daily gain of 0 53%, the Dow's rise of 0 38%, and the Nasdaq's increase of 0 25% [1] - Over the past month, Equinix shares lost 3 68%, while the Finance sector gained 4 18% and the S&P 500 gained 1 24% [1] Earnings and Revenue Forecast - Equinix is set to release its earnings report on February 12, 2025, with an expected EPS of $8 11, reflecting an 11 1% growth compared to the same quarter last year [2] - The company's revenue is forecasted to be $2 28 billion, an 8 07% increase from the prior-year quarter [2] Analyst Estimates and Revisions - Recent revisions to analyst estimates for Equinix reflect the latest near-term business trends, with positive revisions indicating a favorable business outlook [3] - Empirical research shows a direct correlation between estimate revisions and impending stock price performance [4] - The Zacks Rank system, which considers these estimate changes, has a proven track record of outperformance, with 1 stocks returning an average of +25% annually since 1988 [5] - Equinix currently holds a Zacks Rank of 3 (Hold), and the consensus EPS projection has moved 0 08% lower in the past 30 days [5] Valuation Metrics - Equinix is trading at a Forward P/E ratio of 23 71, which is higher than the industry average of 14 4, indicating a premium valuation [6] - The company's PEG ratio is 1 92, compared to the REIT and Equity Trust - Retail industry's average PEG ratio of 2 85 [7] - The REIT and Equity Trust - Retail industry, part of the Finance sector, holds a Zacks Industry Rank of 66, placing it in the top 27% of all industries [7] Industry Performance - The Zacks Industry Rank measures the strength of industry groups by averaging the Zacks Rank of individual stocks within the groups [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Shares of Equinix, Inc. (EQIX) have gained 22.4% in the past six months compared with the real estate market’s growth of 2.6%.The robust demand for data center infrastructure amid enterprises’ growing reliance on technology and acceleration in digital transformation strategies has aided this Zacks Rank #3 (Hold) stock in recent years. Its strategic expansion efforts, backed by a healthy balance sheet, have enabled it to capitalize on favorable industry trends so far. Image Source: Zacks Investment Research  ...

Company Overview - Equinix (NASDAQ: EQIX) is a Real Estate Investment Trust (REIT) that operates 268 data centers globally, making it one of the largest publicly traded REITs in the market [1] - The company provides various services to clients within the cloud service sector [1] Industry Focus - The REIT sector is highlighted as having unique dynamics and significant potential for long-term growth [1] - There is a particular emphasis on identifying undervalued REITs that are poised for substantial appreciation [1] Investment Philosophy - The investment approach is rooted in rigorous fundamental analysis, focusing on financial health, competitive positioning, and management quality [1] - A long-term perspective is prioritized, aiming to generate sustainable returns by identifying opportunities where intrinsic value diverges from market price [1]

Tax Treatment of Distributions - Equinix announced the tax treatment for all 2024 distributions on its common stock, providing detailed information on taxable dividends and return of capital per share [1][3] - The total distribution per share for 2024 was $17.04, with $17.04 classified as ordinary taxable dividends and $0.00 as qualified taxable dividends or return of capital [3] - The distributions were consistent across all four quarters of 2024, with each quarter's distribution per share being $4.26 [3] Company Overview - Equinix is a global digital infrastructure company that enables organizations to interconnect foundational infrastructure at software speed [5] - The company provides a trusted platform for digital leaders to scale with agility, speed the launch of digital services, and deliver world-class experiences while supporting sustainability goals [5]

Artificial Intelligence and Related Technologies - The rise of artificial intelligence and related technologies is expected to be a game changer across industries in 2024 [1] - Generative AI and other corresponding products are highlighted as key drivers of this transformation [1]

REDWOOD CITY, Calif., Jan. 6, 2025 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that it will hold its quarterly conference call on Wednesday, February 12, 2025, at 5:30 p.m. ET (2:30 p.m. PT). The company will discuss fourth-quarter results for the period ended December 31, 2024, and the full year of 2024.To hear the conference call live, please dial 1-517-308-9482 (domestic and international) and reference the passcode (EQIX). A simultaneous liv ...

Shares of Equinix, Inc. (EQIX) have gained 25.3% in the past six months compared with the real estate market’s growth of 8%.The robust demand for data center infrastructure amid enterprises’ growing reliance on technology and acceleration in digital transformation strategies has aided this Zacks Rank #3 (Hold) stock in recent years. Its strategic expansion efforts, backed by a healthy balance sheet, have enabled it to capitalize on favorable industry trends so far.This December, Equinix collaborated with De ...