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Financial | REIT - Diversified | USA
Equinix Inc. EQIX posted mixed results for third-quarter 2019, wherein adjusted funds from operations (AFFO) per share surpassed the Zacks Consensus Estimate, while revenues lagged the same. Nonetheless, both AFFO and revenues improved year over year.
The company’s AFFO per share came in at $5.52, beating the Zacks Consensus Estimate of $5.45. The reported tally included a reduction of 19 cents per share related to higher income tax expense due to FX hedge gains. The figure also improved from the year-ago quarter’s $5.01. This upside primarily stemmed from robust top-line growth and a solid operating performance.
Quarter in Detail
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https://finance.yahoo.com/news/equinix-e...01044.html
![[Bild: EQIXc1dl1720.png]](https://finviz.com/publish/103119/EQIXc1dl1720.png)
Equinix Inc. EQIX posted mixed results for third-quarter 2019, wherein adjusted funds from operations (AFFO) per share surpassed the Zacks Consensus Estimate, while revenues lagged the same. Nonetheless, both AFFO and revenues improved year over year.
The company’s AFFO per share came in at $5.52, beating the Zacks Consensus Estimate of $5.45. The reported tally included a reduction of 19 cents per share related to higher income tax expense due to FX hedge gains. The figure also improved from the year-ago quarter’s $5.01. This upside primarily stemmed from robust top-line growth and a solid operating performance.
Quarter in Detail
...
https://finance.yahoo.com/news/equinix-e...01044.html
