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Digital Realty Trust Q2 Core FFO, Revenue Fall; Full-Year Outlook Maintained
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Digital Realty Trust Q2 Core FFO, Revenue Fall; Full-Year Outlook Maintained
Jul 25, 2024 2:20 PM

04:47 PM EDT, 07/25/2024 (MT Newswires) -- Digital Realty Trust ( DLR ) reported Q2 core funds from operations late Thursday of $1.65 per share, down from $1.68 a year earlier.

Analysts polled by Capital IQ expected $1.63.

Revenue for the quarter ended June 30 was $1.36 billion, down from $1.37 billion a year earlier.

Analysts polled by Capital IQ expected $1.38 billion.

The company said it has maintained its full-year 2024 core FFO per share outlook of $6.60 to $6.75. Analysts polled by Capital IQ expect $6.67. The company still expects revenue for the year of $5.55 billion to $5.65 billion. Analysts polled by Capital IQ expect $5.58 billion.

Price: 147.50, Change: +0.13, Percent Change: +0.09

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