Equinix Q2 2024 AFFO $9.22 Beats $8.86 Estimate, Sales $2.160B Beat $2.159B Estimate
Portfolio Pulse from Benzinga Newsdesk
Equinix (NASDAQ:EQIX) reported Q2 2024 earnings of $9.22 per share, beating the analyst estimate of $8.86. The company also reported sales of $2.160 billion, slightly above the $2.159 billion estimate, marking a 7.04% increase from the same period last year.
August 07, 2024 | 8:06 pm
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Equinix reported Q2 2024 earnings of $9.22 per share, beating the analyst estimate of $8.86. The company also reported sales of $2.160 billion, slightly above the $2.159 billion estimate, marking a 7.04% increase from the same period last year.
Equinix's better-than-expected earnings per share and slight beat on sales estimates, along with a significant year-over-year sales increase, are likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100