Equinix (EQIX) Surpasses Q3 FFO Estimates

Equinix (EQIX) came out with quarterly funds from operations (FFO) of $9.05 per share, beating the Zacks Consensus Estimate of $8.70 per share. This compares to FFO of $8.19 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 4.02%. A quarter ago, it was expected that this data center operator would post FFO of $8.82 per share when it actually produced FFO of $9.22, delivering a surprise of 4.54%. Over the last four quarters, the comp ...