Digital Realty Trust shares are trading higher after the company reported better-than-expected Q3 FFO results and raised its FY24 FFO guidance.
Portfolio Pulse from Benzinga Newsdesk
Digital Realty Trust shares rose following the announcement of better-than-expected Q3 FFO results and an increase in FY24 FFO guidance.
October 25, 2024 | 11:42 am
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Digital Realty Trust's stock price increased due to the company's strong Q3 FFO results and an upward revision of its FY24 FFO guidance.
The better-than-expected Q3 FFO results indicate strong financial performance, which is a positive signal for investors. Additionally, raising the FY24 FFO guidance suggests confidence in future earnings, likely leading to increased investor interest and a rise in stock price.
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