Digital Realty Trust Q3 2024 FFO $1.67 Beats $1.66 Estimate, Sales $1.43B Inline
Portfolio Pulse from Benzinga Newsdesk
Digital Realty Trust reported Q3 2024 earnings per share of $1.67, slightly beating the consensus estimate of $1.66. The company's sales were $1.43 billion, in line with expectations and a 2.07% increase from the previous year.
October 24, 2024 | 8:09 pm
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Digital Realty Trust's Q3 2024 earnings per share slightly exceeded expectations, while sales met forecasts, showing a modest year-over-year growth.
The slight beat in EPS and meeting of sales expectations suggest stable performance, likely to have a positive short-term impact on DLR's stock price. The modest year-over-year sales growth further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100