Equinix (EQIX) Surpasses Q1 FFO Estimates

Equinix (EQIX) came out with quarterly funds from operations (FFO) of $8.86 per share, beating the Zacks Consensus Estimate of$ 8.58 per share. This compares to FFO of $8.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 3.26%. A quarter ago, it was expected that this data center operator would post FFO of$ 7.25 per share when it actually produced FFO of $7.30, delivering a surprise of 0.69%.Over the last four quarters, the compan ...