On July 24, Digital Realty Trust Inc rose 3.2% overnight, trading at $185.07/share, with turnover of $5,551.54. The surge was driven by a blowout Q2 earnings report that far exceeded Wall Street expectations on all key metrics.

The company reported Q2 core FFO of $2.65 per diluted share, representing a 33.84% beat over the analyst consensus estimate of $1.98 and a 41.71% year-over-year increase from $1.87. Total operating revenue surged to $1.92 billion from $1.49 billion a year earlier, topping the $1.66 billion estimate by a wide margin. Management raised its full-year 2026 core FFO guidance to $8.15-$8.20 per share from the prior $8.00-$8.10 range, and increased revenue guidance to $6.85-$6.95 billion from $6.65-$6.75 billion, both above analyst expectations of $8.03 and $6.76 billion respectively.

The results reflect accelerating demand for data center capacity amid the AI infrastructure buildout. The company has also been actively expanding through strategic acquisitions, including a $3.5 billion deal for Blackstone's stakes in three Northern Virginia hyperscale data centers and a nearly S$7 billion investment plan in Singapore.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)