Digital Realty Trust Q2 2024 Adj EPS $0.20 Misses $0.24 Estimate, Sales $1.40B Beat $1.38B Estimate
Portfolio Pulse from Benzinga Newsdesk
Digital Realty Trust (NYSE:DLR) reported Q2 2024 earnings per share of $0.20, missing the analyst estimate of $0.24 by 16.67%. However, the company reported sales of $1.40 billion, beating the estimate of $1.38 billion and showing a 2.47% increase from the same period last year.
July 25, 2024 | 8:07 pm
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Digital Realty Trust reported Q2 2024 EPS of $0.20, missing estimates by 16.67%, but sales of $1.40 billion beat expectations and increased 2.47% YoY.
The mixed results, with EPS missing but sales beating estimates, suggest a neutral short-term impact on DLR's stock price. Investors may weigh the earnings miss against the positive sales performance.
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