Equinix (EQIX) Beats Q2 FFO and Revenue Estimates
EQIXEquinix(EQIX) ZACKS·2024-08-08 06:16

Equinix (EQIX) came out with quarterly funds from operations (FFO) of 9.22pershare,beatingtheZacksConsensusEstimateof9.22 per share, beating the Zacks Consensus Estimate of 8.82 per share. This compares to FFO of 8.04pershareayearago.Thesefiguresareadjustedfornon−recurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof4.548.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 4.54%. A quarter ago, it was expected that this data center operator would post FFO of 8.58 per share when it actually produced FFO of $8.86, delivering a surprise of 3.26%.Over the last four quarters, the compan ...