Digital Realty Trust's Mixed Q4 Results
Digital Realty Trust exceeded earnings expectations in Q4 2024, but revenue missed the mark.
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.
