Equinix (EQIX) Beats Q1 FFO and Revenue Estimates

Equinix (EQIX) came out with quarterly funds from operations (FFO) of $9.67 per share, beating the Zacks Consensus Estimate of$ 8.96 per share. This compares to FFO of $8.86 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 7.92%. A quarter ago, it was expected that this data center operator would post FFO of$ 8.09 per share when it actually produced FFO of $7.92, delivering a surprise of -2.10%.Over the last four quarters, the compa ...