Digital Realty Trust (DLR) Q2 FFO and Revenues Top Estimates

Financial Performance - Digital Realty Trust (DLR) reported quarterly funds from operations (FFO) of $1.87 per share, exceeding the Zacks Consensus Estimate of $1.74 per share, and up from $1.65 per share a year ago, representing an FFO surprise of +7.47% [1] - The company posted revenues of $1.49 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 3.45%, compared to revenues of $1.36 billion in the same quarter last year [2] Market Performance - Digital Realty Trust shares have increased by approximately 1.1% since the beginning of the year, while the S&P 500 has gained 8.1% [3] - The company has surpassed consensus FFO estimates three times over the last four quarters, but has only topped consensus revenue estimates once in the same period [2] Future Outlook - The current consensus FFO estimate for the upcoming quarter is $1.77 on $1.5 billion in revenues, and for the current fiscal year, it is $7.04 on $5.88 billion in revenues [7] - The estimate revisions trend for Digital Realty Trust was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The REIT and Equity Trust - Other industry, to which Digital Realty Trust belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8]