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Digital Realty Trust Inc. (DLR) reported a profit for its first quarter that climbed from last year.


RTTNews | Apr 29, 2021 04:24PM EDT

16:24 Thursday, April 29, 2021 (RTTNews.com) - Digital Realty Trust Inc. (DLR) reported a profit for its first quarter that climbed from last year.

The company's bottom line came in at $372.41 million, or $1.32 per share. This compares with $202.86 million, or $0.90 per share, in last year's first quarter.

Excluding items, Digital Realty Trust Inc. reported adjusted earnings of $482.03 million or $1.67 per share for the period.

Analysts had expected the company to earn $0.29 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 32.9% to $1.09 billion from $0.82 billion last year.

Digital Realty Trust Inc. earnings at a glance:

-Earnings (Q1): $482.03 Mln. vs. $355.37 Mln. last year.-EPS (Q1): $1.67 vs. $1.53 last year.-Analysts Estimate: $0.29-Revenue (Q1): $1.09 Bln vs. $0.82 Bln last year.

-Guidance:Full year EPS guidance: $6.50 - $6.55Full year revenue guidance: $4.300 - $4.400 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3189991/digital-realty-trust-inc-q1-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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