Digital Realty Reports Strong Q4 Earnings and Revenue Growth

Digital Realty shines in Q4 with notable profits. Fourth-quarter net income available to common stockholders surged to $179.4 million, marking a significant increase from last year's $18.1 million.

Date: 14-02-2025

AI Rating: 8

Earnings Per Share (EPS)
Digital Realty reported an EPS of $0.51 for the fourth quarter of 2024, a substantial increase from $0.03 per share in the same quarter the previous year. This shows a strong recovery and can lead to increased investor confidence and potentially higher stock prices.

Revenue Growth
The company saw a revenue increase to $1.44 billion, which is a 5% rise from the $1.37 billion reported in the same quarter last year. Consistent revenue growth often attracts investors, supporting stock price appreciation.

Net Income
Net income available to common stockholders soared to $179.4 million, greatly exceeding last year's figure of $18.1 million. Such a substantial gain in net income provides a positive outlook for the company's financial health and can bolster stock performance.

Funds From Operations (FFO)
Funds from Operations reached $544.6 million or $1.61 per share, compared to $483.6 million or $1.53 per share last year. This upward trend reflects good operational efficiency and investor returns.

Core FFO
The Core FFO per share increased to $1.73 from $1.63 year-over-year, supporting a robust operating performance. Strong core operations are favorable indicators for stock investors. Overall, Digital Realty presented strong growth in multiple financial areas, affirming its potential in the market.

Stocks: DLR