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Real Estate | REIT - Office | USA

Digital Realty Trust (DLR) Lags Q1 FFO Estimates

Digital Realty Trust (DLR) came out with quarterly funds from operations (FFO) of $1.53 per share, missing the Zacks Consensus Estimate of $1.54 per share. This compares to FFO of $1.73 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an FFO surprise of -0.65%. A quarter ago, it was expected that this real estate investment trust would post FFO of $1.58 per share when it actually produced FFO of $1.62, delivering a surprise of 2.53%.

Over the last four quarters, the company has surpassed consensus FFO estimates three times.

Digital Realty Trust, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $823.34 million for the quarter ended March 2020, surpassing the Zacks Consensus Estimate by 5.53%. This compares to year-ago revenues of $814.52 million.


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https://finance.yahoo.com/news/digital-r...09400.html


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