Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Equinix (EQIX) have what it takes?
After reaching an important support level, Equinix (EQIX) could be a good stock pick from a technical perspective. EQIX surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Equinix (EQIX) have what it takes?
The Malaysian unit of data centre firm Equinix said on Wednesday it is looking at various providers of alternative energy as it expects an impending increase in domestic electricity tariffs to raise its costs.
EQIX's Q1 results reflect higher revenues and improving margins due to strong demand for digital infrastructure and services.
While the top- and bottom-line numbers for Equinix (EQIX) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Equinix, Inc. (NASDAQ:EQIX ) Q1 2025 Earnings Conference Call April 30, 2025 5:30 PM ET Company Participants Chip Newcom - Senior Director, Investor Relations Adaire Fox-Martin - Chief Executive Officer & President Keith Taylor - Chief Financial Officer Conference Call Participants Matt Niknam - Deutsche Bank Aryeh Klein - BMO Capital Markets Jonathan Atkin - RBC Capital Markets Eric Luebchow - Wells Fargo Vikram Malhotra - Mizuho Mike Funk - Bank of America Tim Horan - OPCO Michael Elias - TD Cowen Michael Rollins - Citi Operator Good afternoon and welcome to the Equinix First Quarter Earnings Conference Call. All lines will be able to listen-only until we open for questions.
Equinix (EQIX) came out with quarterly funds from operations (FFO) of $9.67 per share, beating the Zacks Consensus Estimate of $8.96 per share. This compares to FFO of $8.86 per share a year ago.
Equinix raises annual results forecast on Wednesday, signaling robust demand for its data center services, sending its shares up 3% after the bell.
REITs support diverse real and virtual activities, and WELL, EQIX, EQR, and WPC are likely to reflect that strength in their upcoming earnings.
EQIX's Q1 earnings are likely to have gained from growing demand for data centers with increasing digitization, though high interest expenses might have hurt.
Equinix (EQIX) remains a strong candidate due to its recurring revenue model, despite recent underperformance and legal challenges from a Hindenburg Research report. Equinix has maintained 88 consecutive quarters of revenue growth, although recent growth has slowed to high single digits. The company's margins are robust, with a 47% adjusted EBITDA margin, and over 90% of its revenue is recurring, making it resilient in downturns.