Digital Realty Trust, Inc. (DLR), headquartered in Austin, Texas, brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. Valued at $50.2 billion by market cap, the company's properties contain applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise data center tenants. The leading global data center REIT is expected to announce its fiscal third-quarter earnings for 2024 after the market closes on Thursday, Oct. 24.
Ahead of the event, analysts expect DLR to report a profit of $1.67 per share on a diluted basis, up 3.1% from $1.62 per share in the year-ago quarter. The company beat or matched the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
