Digital Realty's (DLR) Q2 FFO Beats Estimates, Revenues Miss

The company registered operating revenues of $1.36 billion in the second quarter, which missed the Zacks Consensus Estimate of$1.38 billion.DLR also reported "Same-Capital" cash net operating income (NOI) growth of 2%. Quarter in Detail In the second quarter, rental property operating expenses increased by 5.7% to $237.6 million, property taxes rose by 6.2$49.6 million, and interest expenses jumped by 3.3% to $114.7 million. As of Jun 30, 2024, this data center REIT had$16.3 billion of total debt out ...