QTS Realty (QTS) got here out with quarterly funds from operations (FFO) of $0.65 per share, beatin
QTS Realty (QTS) got here out with quarterly funds from operations (FFO) of $0.65 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to FFO of $0.60 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an FFO shock of 4.84%. 1 / 4 in the past, it was anticipated that this knowledge heart actual property funding belief would publish FFO of $0.62 per share when it really produced FFO of $0.65, delivering a shock of 4.84%.
During the last 4 quarters, the corporate has surpassed consensus FFO estimates 4 instances.
QTS Realty, which belongs to the Zacks REIT and Fairness Belief – Different trade, posted revenues of $125.26 million for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 4.37%. This compares to year-ago revenues of $112.21 million. The corporate has topped consensus income estimates 3 times over the past 4 quarters.
The sustainability of the inventory’s instant worth…