Digital Realty Trust's Earnings Preview

On Thursday, Digital Realty Trust DLR will report its last quarter's earnings. Here is Benzinga's take on the company's release.

Earnings and Revenue

Analysts predict Digital Realty Trust will report earnings of 42 cents per share on revenue of $729.78 million.

In the same quarter last year, Digital Realty Trust posted EPS of $1.43 on sales of $576.78 million. If the company were to report inline earnings when it publishes results Thursday, quarterly profit would be down 70.63 percent. Sales would be up 26.53 percent on a year-over-year basis.

Here's how the company's reported EPS has compared to analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate   0.39 0.38 0.31
EPS Actual 1.51 1.54 1.52 1.43

 

Stock Performance

Over the last 52-week period, shares are down 1.98 percent. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release.

Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The most common rating by analysts on Digital Realty Trust stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. Digital Realty Trust's Q4 conference call is scheduled to begin at 8:00 a.m. ET and can be accessed here: https://www.digitalrealty.com/

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Posted In: EarningsNewsPreviewsTrading IdeasEarnings Previews
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