Digital Realty Trust, Inc. (NYSE:DLR ) NAREIT REITweek 2025 June 3, 2025 2:30 PM ET Company Participants Andrew P. Power - President, CEO & Director Conference Call Participants John Christopher Hodulik - UBS Investment Bank, Research Division John Christopher Hodulik Okay.
Shares of Digital Realty DLR have risen 16.6% in the past three months, outperforming the industry's 4.7% growth.
DLR to gain from its global footprint of data centers with growing digital transformation, cloud computing and the proliferation of AI.
DLR is well-poised to grow amid robust demand for data centers, accretive acquisitions and balance-sheet strength. However, high competition is a concern.
DLR's strategic capital raises through joint ventures/partnerships/investment funds have paid off handsomely, as observed in the growing bookings at favorable rates. With its backlog stretching through 2027, we believe that the ongoing AI/ data center boom remains durable, as similarly reiterated by numerous market players. Despite the higher inflationary and elevated borrowing cost environment, DLR's management has been highly competent in driving strategic growth indeed.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
DLR's Q1 results reflect steady leasing activity amid high demand and better rental rates, though elevated operating expenses affect the performance to an extent.
Digital Realty Trust, Inc. (NYSE:DLR ) Q1 2025 Earnings Conference Call April 24, 2025 5:00 PM ET Company Participants Jordan Sadler - Senior Vice President, Public & Private Investor Relations Andy Power - President & Chief Executive Officer Matt Mercier - Chief Financial Officer Greg Wright - Chief Investment Officer Chris Sharp - Chief Technology Officer Colin McLean - Chief Revenue Officer Conference Call Participants Jon Atkin - RBC Capital Markets Richard Choe - JPMorgan Ari Klein - BMO Capital Markets Matt Niknam - Deutsche Bank Alex Waters - Bank of America Michael Elias - TD Cowen Jim Schneider - Goldman Sachs David Guarino - Green Street Irvin Liu - Evercore ISI Eric Luebchow - Wells Fargo Vikram Malhotra - Mizuho Michael Rollins - Citi Nick Del Deo - MoffettNathanson Operator Good afternoon, and welcome to the Digital Realty First Quarter 2025 Earnings Call. Please note, this event is being recorded.
The headline numbers for Digital Realty Trust (DLR) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
DLR's Q1 results are likely to reflect gains led by a rise in demand for data centers from growing digitization and a diverse tenant base.
Besides Wall Street's top -and-bottom-line estimates for Digital Realty Trust (DLR), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.
It's been a roller coaster year for investors, with the benchmark S&P 500 dipping into correction territory and flirting with a bear market earlier this month. With the Trump administration vowing to implement tariffs that might depress business activity, volatility has taken center stage.