Digital Realty CEO: We're building a long runway of growth
Andy Power, Digital Realty president and CEO, joins CNBC's 'Money Movers' to discuss the company's most recent earnings.
Digital Realty Stock Gains 22.9% in 6 Months: Will the Trend Last?
Robust data center demand, a solid tenant base and development activities are likely to support DLR.
Digital Realty Trust: Raised FY2024 Guidance Doesn't Justify Inflated Valuations - Downgrade To Hold
DLR has doubled down on its renewable energy investments, thanks to its ability to access low borrowing costs - triggering improved ESG prospects. The REIT's strong FQ3'24 results and raised FY2024 guidance have also contributed to the stock's double-digit outperformance compared to the wider market. DLR's current valuation appears overly inflated, well surpassing the historical and sector averages - implying a minimal margin of safety.
Digital Realty's Q3 FFO Meet Estimates, Revenues Increase Y/Y
DLR's Q3 FFO per share meets estimates. However, elevated operating expenses hurt the results to some extent.
Digital Realty Trust, Inc. (DLR) Q3 2024 Earnings Call Transcript
Digital Realty Trust, Inc. (NYSE:DLR ) Q3 2024 Earnings Conference Call October 24, 2024 5:00 PM ET Company Participants Jordan Sadler - SVP, Public & Private IR Andrew Power - President & CEO Matthew Mercier - CFO Colin McLean - Chief Revenue Officer Christopher Sharp - Chief Technology Officer Gregory Wright - Chief Investment Officer Conference Call Participants Michael Rollins - Citi Jonathan Petersen - Jefferies Jonathan Atkin - RBC Richard Choe - JPMorgan Eric Luebchow - Wells Fargo Frank Louthan - Raymond James Irvin Liu - Evercore ISI James Schneider - Goldman Sachs Michael Elias - TD Cowen Georgi Dinkov - Mizuho Matthew Niknam - Deutsche Bank David Guarino - Green Street Nicholas Del Deo - MoffettNathanson Operator Good afternoon, and welcome to the Digital Realty Third Quarter 2024 Earnings Conference Call. Please note, this event is being recorded.
Digital Realty Trust (DLR) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for Digital Realty Trust (DLR) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Digital Realty Trust (DLR) Q3 FFO Meet Estimates
Digital Realty Trust (DLR) came out with quarterly funds from operations (FFO) of $1.67 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $1.62 per share a year ago.
Digital Realty posts growth in FFO on data center services demand
Digital Realty Trust posted a growth in its third-quarter funds from operations (FFO) on Thursday, helped by resilient demand for its data center services, sending its shares up 6.2% in aftermarket trading.
Digital Realty Has Huge Repricing Potential In 2025
Digital Realty Trust, Inc. is positioned to realize strong tailwinds in the back half of FY25 with a large amount of leased capacity up for renewal. Scarcity of baseload capacity may create a constraint for new data center builds, potentially pushing up rates for leased space. DLR's global presence and enhanced features like direct liquid cooling position it well to capitalize on the AI-driven demand, leading to potentially higher lease renewal rates for large customers.
Digital Realty to Post Q3 Earnings: What's in the Cards for the Stock?
DLR's Q3 earnings may have gained from solid data center demand and acceleration in digital transformation strategies. However, high interest expenses are a concern.
Insights Into Digital Realty Trust (DLR) Q3: Wall Street Projections for Key Metrics
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 September 2024.
Norges Bank Amplifies Stake in Digital Realty Trust Inc
On September 30, 2024, Norges Bank, a prominent investment firm, executed a significant transaction by acquiring an additional 3,333,393 shares of Digital Realty Trust Inc (DLR, Financial). This move increased their total holdings to 21,791,414 shares, marking a substantial enhancement in their investment portfolio.
