Digital Realty Trust's Mixed Q4 Results

Digital Realty Trust (NYSE:DLR), a major player in the data center sector, released its fourth quarter 2024 earnings on February 13, 2025. The company reported earnings that surpassed expectations, reflecting strong operational performance, but faced a revenue shortfall. Digital Realty Trust's funds from operations (FFO) reached $1.61. However, its revenue was $1.44 billion, slightly under the projected $1.46 billion. Overall, the quarter showcased impressive earnings but highlighted potential pressures in revenue streams.Source: Analyst estimates for the quarter provided by FactSet.Digital Realty Trust is a leading real estate investment trust (REIT) that focuses on data centers. Its extensive global portfolio encompasses 308 data centers across various continents, which serve a broad range of sectors. The company is critical to supporting cloud services and IT outsourcing, driven by rapid digital transformation.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool