Equinix's Q4 AFFO & Revenues Miss Estimates, Dividend Hiked
EQIX's Q4 results reflect higher non-recurring charges affecting performance despite steady colocation and inter-connection revenue growth.
Equinix, Inc. (EQIX) Q4 2024 Earnings Call Transcript
Equinix, Inc. (NASDAQ:EQIX ) Q4 2024 Earnings Conference Call February 12, 2024 5:30 PM ET Company Participants Chip Newcom - Senior Director, IR Adaire Fox-Martin - CEO and President Keith Taylor - CFO Conference Call Participants Simon Flannery - Morgan Stanley Eric Luebchow - Wells Fargo Jonathan Atkin - RBC Capital Markets Nick Del Deo - MoffettNathanson Michael Rollins - Citi Jim Schneider - Goldman Sachs Operator Good afternoon and welcome to the Equinix Fourth Quarter Earnings Conference Call. All lines will be able to listen-only until we open for questions.
Here's What Key Metrics Tell Us About Equinix (EQIX) Q4 Earnings
Although the revenue and EPS for Equinix (EQIX) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Equinix (EQIX) Q4 FFO and Revenues Miss Estimates
Equinix (EQIX) came out with quarterly funds from operations (FFO) of $7.92 per share, missing the Zacks Consensus Estimate of $8.09 per share. This compares to FFO of $7.30 per share a year ago.
Equinix Misses EPS Mark, Revenue Rises
Equinix (EQIX -0.89%), a significant player in global digital infrastructure, released its fourth quarter 2024 earnings on February 12, 2025. Revenue came in at $2.26 billion, a minor shortfall from the projected $2.27 billion, although this still marked a 7.1% increase year-over-year.
Equinix forecasts quarterly, annual revenue below estimates as strong dollar weighs
Equinix forecast first-quarter and annual revenue below estimates on Wednesday, hurt by a strong dollar amid rising concerns about hefty spending on data center expansion as businesses double down on generative AI adoption.
Equinix to Post Q4 Earnings: What's in Store for the Stock?
EQIX's Q4 earnings are likely to have gained from the growing demand for data centers with increasing digitization, though high interest expenses might have hurt.
Countdown to Equinix (EQIX) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
Besides Wall Street's top -and-bottom-line estimates for Equinix (EQIX), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Why Equinix (EQIX) Outpaced the Stock Market Today
Equinix (EQIX) closed at $936.50 in the latest trading session, marking a +1.32% move from the prior day.
Equinix (EQIX) Rises Higher Than Market: Key Facts
The latest trading day saw Equinix (EQIX) settling at $922.13, representing a +1.53% change from its previous close.
Equinix Stock Rises 22.4% in Six Months: Will the Trend Last?
EQIX is well-poised to benefit from a robust data center demand, recurring revenue model, expansion efforts and a healthy balance sheet.
Equinix: Market Leader Positioned For AI Growth, But Is It A Buy?
Equinix, a leading digital infrastructure provider, operates 268 data centers globally, focusing on interconnection and collaboration. Equinix reported Q3 revenues of $2.2 billion, a 7% YoY increase, driven by recurring revenue and xScale fees. Despite needing costly upgrades, Equinix's industry-leading procurement and construction teams offsets some risks and supports expansion.
