Digital Realty's Q3 FFO Meet Estimates, Revenues Increase Y/Y

Digital Realty Trust (DLR) reported third-quarter 2024 core funds from operations (FFO) per share of $1.67, in line with the Zacks Consensus Estimate. This compares favorably to an FFO of $1.62 per share reported a year ago.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results reflect healthy leasing activity and an increase in rental rates. However, the company witnessed a rise in rental property expenses and interest expenses in the quarter. DLR revised its outlook for 2024.The ...