Digital Realty posts record 3Q bookings of $521M; backlog hits $859M; raises 2024 EBITDA/FFO guidance

DIGITAL REALTY TRUST, INC.

2024-Q3 EPS reported $1.10 revenue$4,119,106,000

3Q24 total bookings of $520.9M (record); 86% from >1 MW tranche; backlog reaches $859M (record).
Updated 2024 guidance: Revenue $5,550-$5,600M, Adj. EBITDA $2,925-$2,975M, Core FFO/sh $6.65-$6.75.
Renewal spread guidance raised: Cash rental rate increase now 8.0%-10.0% (prior 5-7%); occupancy +150-200 bps.
Debt profile: 96% unsecured, 89% fixed rate, 2.8% avg coupon, 4.7-yr avg maturity; €850M green bond issued in Sep.
Development pipeline: 644 MW under construction; 36 MW delivered in 3Q; 244 MW new starts in 3Q.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.