Equinix (EQIX) Reports Q2 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Equinix (EQIX) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Equinix (EQIX) Beats Q2 FFO and Revenue Estimates
Equinix (EQIX) came out with quarterly funds from operations (FFO) of $9.22 per share, beating the Zacks Consensus Estimate of $8.82 per share. This compares to FFO of $8.04 per share a year ago.
Equinix raises annual adjusted core earnings forecast on strong data center demand
Equinix raised its annual adjusted core earnings forecast on Wednesday, betting on strong demand for its data center operation services amid growing adoption of generative artificial intelligence technology.
Equinix (EQIX) to Post Q2 Earnings: What's in the Offing?
Equinix's (EQIX) Q2 earnings are likely to have benefited from the robust demand for data centers and expansionary efforts. However, higher interest expenses may have hurt it.
Equinix: An Absolute Beast, But Not A Bargain
Equinix has been one of the best performing REITs over the last few years, despite the Federal Reserve's hawkish policy. There is a lot to like: EQIX provides an essential digital service, it has a great track record and enjoys a clear tailwind. Unfortunately, the stock seems way too expensive for my taste and I think other REITs might offer better value at the moment.
Here's Why Equinix (EQIX) Gained But Lagged the Market Today
Equinix (EQIX) reachead $771.90 at the closing of the latest trading day, reflecting a +0.34% change compared to its last close.
Equinix (EQIX) Could Be a Great Choice
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?
Data center firm Equinix enters the Philippines, eyes on Southeast Asia
Equinix has acquired three data centers in the Philippines from Total Information Management to expand its presence in the high growth potential region of Southeast Asia, the global data center firm said on Tuesday.
All You Need to Know About Equinix (EQIX) Rating Upgrade to Buy
Equinix (EQIX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Data centre operator Equinix mulls minority stake sale in Hong Kong assets, sources say
Global data centre operator Equinix is considering a sale of a minority stake in its Hong Kong facilities, valuing the assets at around $2 billion, two sources said, in a move to capitalise on the boom in demand from artificial intelligence.
Stocks to Sell: 3 AI ‘Pretenders' Set to Crash and Burn
It may seem contrarian to say artificial intelligence (AI) is overvalued. However, perception plays a key role.
Are You Looking for a High-Growth Dividend Stock?
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?
