Digital Realty Trust NYSE: DLR raised its 2026 earnings outlook after reporting a second quarter marked by record leasing in smaller deployments and interconnection, unusually strong renewal pricing and a sharply larger backlog.
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 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Digital Realty Trust (DLR) came out with quarterly funds from operations (FFO) of $2.13 per share, beating the Zacks Consensus Estimate of $1.98 per share. This compares to FFO of $1.87 per share a year ago.
Get a deeper insight into the potential performance of Digital Realty Trust (DLR) for the quarter ended June 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
DLR heads into Q2 results with expected revenue and FFO growth as AI-driven demand, strong leasing and a record backlog support data center momentum.
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While the Federal Reserve has held rates steady since its December 2025 meeting, investor expectations for future interest rate decisions have shifted drastically over the course of the year. Early expectations for 2026 rate cuts quickly faded as stubborn inflation fueled interest rate volatility, heavily impacting real estate ETFs.
The AI buildout has turned the old-school data center real estate investment trusts (REITs) from a niche real estate subsector into one of the clearest ways to own the physical infrastructure behind the artificial intelligence boom, and the numbers are starting to back that up.
DLR benefits from AI-driven demand and expansion, but competition, debt and execution risks remain.
DLR is set to acquire Blackstone's stake in three Northern Virginia data centers, strengthening its hyperscale portfolio and supporting future Core FFO growth.
Digital Realty stock (NYSE: DLR) fell about 5% in premarket trading on Tuesday after the data-centre landlord announced a $3.5 billion deal to buy out Blackstone's interests in three Northern Virginia assets. At first glance, the reaction looks expected as the transaction is large, part-funded with stock, and comes after several other capital moves.
Nebius Group N.V. NBIS and Digital Realty Trust, Inc. DLR are benefiting from the rapid expansion of AI infrastructure as enterprises and hyperscalers accelerate investments in high-performance computing, AI cloud platforms and next-generation data centers.