Digital Realty Trust forecasts annual FFO above estimates on AI-driven demand

Reuters
02/06
<a href="https://laohu8.com/S/DLR">Digital Realty Trust</a> forecasts annual FFO above estimates on AI-driven demand

Feb 5 (Reuters) - Digital Realty Trust DLR.N forecast annual funds from operations above Wall Street estimates on Thursday, betting on strong demand for its data center services as businesses double down on artificial intelligence tech.

The company is experiencing increased demand as tech firms boost spending on AI infrastructure, including data centers, necessary for developing the booming technology.

Digital Realty leases out managed data centers to clients in sectors that range from cloud and information technology to social networking, communications and manufacturing.

The Texas-based real estate investment trust expects adjusted FFO, a key cash flow measure for REITs, of between $7.90 to $8 per share for the year, compared with analysts' average estimate of $7.45 per share, according to data compiled by LSEG.

For the fourth quarter ended December 31, Digital Realty posted revenue of $1.63 billion, compared with estimates of $1.58 billion.

Adjusted funds from operations in the quarter came in at $1.86 per share, compared with estimates of $1.58.

(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Vijay Kishore)

((ArsheeyaSingh.Bajwa@thomsonreuters.com; +91 8510015800;))

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10