Digital Realty Trust Inc reports results for the quarter ended March 31 - Earnings Summary

• Digital Realty Trust Inc DLR.N reported quarterly adjusted earnings of 27 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 82 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 29 cents per share. Wall Street expected results to range from 6 cents to 51 cents per share.

• Revenue rose 5.7% to $1.41 billion from a year ago; analysts expected $1.43 billion.

• Digital Realty Trust Inc's reported EPS for the quarter was 27 cents​.

• The company reported quarterly net income of $99.79 million.

• Digital Realty Trust Inc shares had risen by 5.8% this quarter and lost 14.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.5% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 5 "hold" and 1 "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 $185.00

This summary was machine generated from LSEG data April 24 at 09:00 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)