Report
Matthew Dolgin
EUR 100.00 For Business Accounts Only

Digital Realty Posts a Good 1Q While It Pursues Further Expansion and a Broadening Global Presence

Narrow-moat Digital Realty reported a good first quarter, with revenue, EBITDA, and funds from operations topping consensus. However, the more important facet of the company's quarterly report, in our view, was its glimpse to the future. The firm continues expanding its global presence and announced that it is now entering Chile, its 14th country. Digital is also due to finish construction on several data centers globally during the second half of 2019, which is crucial given recent capacity con...
Underlying
Digital Realty Trust Inc.

Digital Realty Trust is a real estate investment trust. The company is a global provider of data center, colocation and interconnection solutions for customers across a variety of industry verticals ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare, and consumer products. The company's Operating Partnership, Digital Realty Trust, L.P., is the entity through which the company conducts its business of owning, acquiring, developing and operating data centers. The company's portfolio of data centers provides available environments for the exchange, processing and storage of electronic information.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Matthew Dolgin

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