Austin, Texas-based Digital Realty Trust, Inc. (DLR) brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. With a market cap of $58.1 billion, Digital Realty engages in the ownership, acquisition, repositioning, and management of technology-related real estate.
The REIT is set to announce its second-quarter results after the market closes on Thursday, Jul. 24. Ahead of the event, analysts expect DLR to report core funds from operations (FFO) of $1.73 per share, up 4.9% from $1.65 per share reported in the year-ago quarter. Moreover, the company has matched or surpassed Wall Street’s FFO projections in each of the past four quarters.
