RTTNews | Jul 30, 2020 05:23PM EDT

17:23 Thursday, July 30, 2020 (RTTNews.com) - Digital Realty Trust Inc. (DLR) announced earnings for its second quarter that climbed from last year.

The company's bottom line totaled $53.68 million, or $0.20 per share. This compares with $31.74 million, or $0.15 per share, in last year's second quarter.

Excluding items, Digital Realty Trust Inc. reported adjusted earnings of $419.03 million or $1.50 per share for the period.

Analysts had expected the company to earn $0.28 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 24.0% to $993.00 million from $800.80 million last year.

Digital Realty Trust Inc. earnings at a glance:

-Earnings (Q2): $419.03 Mln. vs. $328.56 Mln. last year.-EPS (Q2): $1.50 vs. $1.50 last year.-Analysts Estimate: $0.28-Revenue (Q2): $993.00 Mln vs. $800.80 Mln last year.

-Guidance:Full year EPS guidance: $1.20 - $1.25Full year revenue guidance: $3.775 - $3.825 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3116553/digital-realty-trust-inc-q2-adjusted-earnings-beat-estimates.aspx)

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