Digital Realty Trust Inc. Reveals 21% Increase In Q1 Earnings

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

The company said its bottom line climbed to $212.63 million, or $1.42 per share. This was up from $176.36 million, or $1.27 per share, in last year's first quarter.

Analysts had expected the company to earn $1.33 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 24.0% to $504.20 million. This was up from $406.61 million last year.

Digital Realty Trust Inc. earnings at a glance:

-Earnings (Q1): $212.63 Mln. vs. $176.36 Mln. last year. -Earnings Growth (Y-o-Y): 20.6% -EPS (Q1): $1.42 vs. $1.27 last year. -EPS Growth (Y-o-Y): 11.8% -Analysts Estimate: $1.33 -Revenue (Q1): $504.20 Mln vs. $406.61 Mln last year. -Revenue Change (Y-o-Y): 24.0%

-Guidance: Full year EPS guidance: $5.55 - $5.65