* Digital Realty Trust Inc reported quarterly adjusted earnings of 82 cents per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of 19 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 24 cents per share. Wall Street expected results to range from 8 cents to 51 cents per share.
* Revenue fell 0.6% to $1.33 billion from a year ago; analysts expected $1.36 billion.
* Digital Realty Trust Inc shares had fallen by 2.7% this quarter and gained 4.1% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 2.9% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 11 "hold" and 2 "sell" or "strong sell."
* The average consensus recommendation for the specialized reits peer group is also "buy"
Wall Street's median 12-month price target for Digital Realty Trust Inc is $154.00 This summary was machine generated from LSEG data May 3 at 10:16 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Mar. 31 2024 0.24 0.82 Beat
Dec. 31 2023 0.26 0.08 Missed
Sep. 30 2023 0.25 0.08 Missed
Jun. 30 2023 0.27 0.37 Beat
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