earnings
confidence medium
sentiment positive
materiality 0.70
Digital Realty reports 2Q24 bookings of $164M; backlog rises to $527M
DIGITAL REALTY TRUST, INC.
2024-Q2 EPS reported
$1.01
revenue$2,687,892,000
- Total 2Q24 bookings of $164.2M, with >1 MW segment contributing $110.2M (67%).
- First-half 2024 leasing more than double prior year; 4th consecutive quarter with 0-1MW+IX leasing >$50M.
- Backlog increased to $527M; record commencements of $176M in 2Q24.
- Stabilized occupancy up 100 bps sequentially; 6th consecutive quarter of positive same-capital growth.
- Sold 75% interest in Chicago and 24.9% in Frankfurt; raised $2B equity; leverage ratio 5.3x.