Digital Realty's Q3 Beats Expectations

Digital Realty Trust, a key player in the data center industry, has underperformed the market with a three percent stock decline, while the S&P five hundred index gained over thirteen percent. However, their recent third-quarter results, announced on October twenty-third, showed a ten percent increase in total operating revenue, beating analyst predictions. This strong performance, driven by higher rental revenues, led to a raised financial outlook for 2025 and caught the attention of analysts. With a consensus rating of Moderate Buy and a potential eighteen point eight percent increase, Digital Realtys stock may see significant upside potential.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.