Equinix Q3 2024 AFFO Per Share $9.05 Beats $8.70 Estimate, Sales $2.20B Inline
Portfolio Pulse from Benzinga Newsdesk
Equinix reported Q3 2024 AFFO per share of $9.05, beating estimates of $8.70, and a 10.5% increase from last year. Sales were $2.20 billion, in line with expectations and a 6.79% increase from the previous year.
October 30, 2024 | 8:07 pm
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Equinix's Q3 2024 AFFO per share of $9.05 exceeded expectations, showing a strong 10.5% year-over-year growth. Sales were $2.20 billion, meeting forecasts and increasing by 6.79% from last year.
Equinix's better-than-expected AFFO per share indicates strong financial performance, likely boosting investor confidence and positively impacting the stock price. The sales figures meeting expectations further support a stable outlook.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100