Equinix (EQIX) Beats Q2 FFO and Revenue Estimates

Equinix (EQIX) came out with quarterly funds from operations (FFO) of $9.22 per share, beating the Zacks Consensus Estimate of$ 8.82 per share. This compares to FFO of $8.04 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 4.54%. A quarter ago, it was expected that this data center operator would post FFO of$ 8.58 per share when it actually produced FFO of $8.86, delivering a surprise of 3.26%. Over the last four quarters, the comp ...