Digital Realty Trust posted a robust earnings report for the first quarter, with EPS surging from $1.01 to $5.75 and revenue climbing 15% to $4.4 billion. However, the company missed revenue expectations by 0.37% and reported a negative surprise of 0.60% in funds from operations. Despite a 16.2% decline in stock value since January, Digital Realty continues to expand its portfolio with significant land acquisitions in Zurich and Paris to meet growing data center demands.
“Digital Realty Trust · has EPS · increased · from US$1.01 to US$5.75”
“Digital Realty Trust · revenue growth · was · 15%”
“Digital Realty Trust · revenue · was · US$4.4b”
“Digital Realty Trust · is · a US$43b company”
“Digital Realty · held · first quarter 2022 earnings conference call · true”
“Bill Stein · is · CEO of Digital Realty · true”
“Andy Power · is · President and CFO of Digital Realty · true”
“Greg Wright · is · Chief Investment Officer of Digital Realty · true”
“Chris Sharp · is · Chief Technology Officer of Digital Realty · true”
“Corey Dyer · is · Chief Revenue Officer of Digital Realty · true”
“Digital Realty Trust · had · core funds from operations (FFO) per share · $1.67”
“Digital Realty Trust · had · revenues · $1.12 billion”
