Saturday, July 24, 2010

DLR Revenue in Line, FFO Comes Up Short

by David Gross

We'll have more on this, but the Digital Realty (DLR) call was slightly disappointing, with FFO coming in at 76 cents, compared to estimates of 83 cents.   The REIT also cut FFO guidance for the year from $3.47 to a range of $3.24 to $3.32.

Revenue was up 27% year-over-year to $197 million.

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