Strength Seen in Equinix (EQIX): Can Its 5.3% Jump Turn into More Strength?

The increased investor optimism in the stock can be attributed to the favorable operating environment. This data center operator is expected to post quarterly funds from operations (FFO) of $9.21 per share in its upcoming report, which represents a year-over-year change of -0.1%. Revenues are expected to be $2.26 billion, up 4.5% from the year-ago quarter. FFO and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in FFO est ...