Digital Realty Trust Inc. (DLR) on Thursday reported a key measure of profitability in its second quarter. The results surpassed Wall Street expectations.<\/p>\n
AUSTIN, Texas(AP) \u2014 AUSTIN, Texas (AP) \u2014 Digital Realty Trust Inc. (DLR) on Thursday reported a key measure of profitability in its second quarter. The results surpassed Wall Street expectations.<\/p>\n
The real estate investment trust, based in Austin, Texas, said it had funds from operations of $767.9 million, or $2.13 per share, in the period.<\/p>\n
The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from operations of $1.98 per share.<\/p>\n
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.<\/p>\n
The company said it had net income of $443.1 million, or $1.21 per share.<\/p>\n
The real estate investment trust, based in Austin, Texas, posted revenue of $1.92 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $1.66 billion.<\/p>\n
Digital Realty Trust expects full-year funds from operations in the range of $8.15 to $8.20 per share.<\/p>\n
This story was generated by Automated Insights<\/a> (http:\/\/automatedinsights.com\/ap) using data from Zacks Investment Research. Access a Zacks stock report on DLR<\/a> at https:\/\/www.zacks.com\/ap\/DLR<\/p>\n Copyright 2025 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. \u00a0 \u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Digital Realty Trust Inc. (DLR) on Thursday reported a key measure of profitability in its second quarter. The…\n","protected":false},"author":2,"featured_media":384419,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[132,134,133],"class_list":["post-384418","post","type-post","status-publish","format-standard","has-post-thumbnail","category-austin","tag-austin","tag-austin-headlines","tag-austin-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/384418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=384418"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/384418\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/384419"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=384418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=384418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=384418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}