Digital Realty Trust, Inc. (DLR) Management Presents at Bank of America 2024 Media, Communications & Entertainment Conference Transcript
Digital Realty Trust, Inc. (NYSE:DLR ) Bank of America 2024 Media, Communications & Entertainment Conference September 4, 2024 8:50 AM ET Company Participants Matt Mercier - CFO Conference Call Participants David Barden - Bank of America David Barden Everybody, I'm Dave Barden. I head up Telecommunications and Comm-Infrastructure Research for Bank of America.
The Active Approach To Fixed Income
Fixed income securities are much broader than areas that typically receive allocation. Preferreds are often overlooked due to perceived riskiness, but can be safer than bonds of troubled companies. Spreads between preferreds and bonds of the same company vary widely, indicating mispricing and potential opportunities.
Digital Realty (DLR) Up 11% Year to Date: Will the Trend Last?
Digital Realty (DLR) is likely to benefit from robust data center demand and development and redevelopment activities. However, a competitive market and high interest rates remain concerns.
Digital Realty Seems To Be Overvalued Following Q2 Earnings
Digital Realty Trust, Inc. has shown positive operating performance, but its valuation is questionable due to AI hype. The company has a strong business profile with growth tailwinds, but its income appeal may not be enough for investors. Despite recent financial performance improvements, Digital Realty's high valuation and low dividend yield may not make it an attractive investment.
3 Overrated REITs To Avoid
REITs are starting to regain investors' respect. But some of them are getting overhyped. I highlight 3 overrated REITs that I would avoid.
The Best Dividend Stock to Buy in August
Since it began raising interest rates at its March 2022 Federal Open Market Committee (FOMC) meeting, investors have been keeping an eye on the Federal Reserve in anticipation of rates finally being cut after inflation has continued to subside.
Digital Realty's (DLR) Q2 FFO Beats Estimates, Revenues Miss
Digital Realty's (DLR) Q2 FFO tops estimates. Results reflect decent leasing activity and rental rate increases.
Digital Realty Trust, Inc. (DLR) Q2 2024 Earnings Call Transcript
Digital Realty Trust, Inc. (NYSE:DLR ) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Jordan Sadler - SVP, Public and Private IR Andrew Power - President and CEO Matthew Mercier - CFO Christopher Sharp - Chief Technology Officer Colin McLean - Chief Revenue Officer Gregory Wright - Chief Investment Officer Conference Call Participants Richard Choe - JPMorgan Irvin Liu - Evercore ISI Michael Rollins - Citi Jonathan Atkin - RBC Jonathan Petersen - Jefferies Ari Klein - BMO Capital Markets David Barden - Bank of America Eric Luebchow - Wells Fargo James Schneider - Goldman Sachs Vikram Malhotra - Mizuho Frank Louthan - Raymond James Michael Elias - TD Cowen David Guarino - Green Street Matthew Niknam - Deutsche Bank Anthony Hau - Truist Securities Brandon Nispel - KeyBanc Capital Markets Operator Good day, and welcome to the Digital Realty Second Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.
Digital Realty Trust (DLR) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Digital Realty Trust (DLR) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Digital Realty posts drop in quarterly revenue and core FFO, shares fall
Data center services provider Digital Realty posted a surprise drop in second-quarter revenue and a decline in core funds from operations (FFO) on Thursday, sending its shares down 2.7% in extended trading.
Digital Realty Trust (DLR) Surpasses Q2 FFO Estimates
Digital Realty Trust (DLR) came out with quarterly funds from operations (FFO) of $1.65 per share, beating the Zacks Consensus Estimate of $1.63 per share. This compares to FFO of $1.68 per share a year ago.
Digital Realty Trust: AI Factory Opportunities (Rating Upgrade And Q2 Preview)
Digital Realty Trust positioned to become an AI factory for hosting accelerated computing for smart applications, driving revenue growth. With increasing demand for data centers, hosting prices have also increased, leading the way for better profitability and FFO. Capital-light approach through joint ventures and asset sales reducing leverage, and improving financial capability for future investments.
