Digital Realty Trust Misses on Q4 FFO

Digital Realty Trust has reported its fiscal Q4 and 2012. For the quarter, revenues were $350 million, and net income available to common shareholders was $45 million ($0.36 per diluted share). Both numbers were up from Q4 2011's $271 million and $36 million ($0.34 diluted EPS), respectively.

Funds from operations -- a critical metric for REITS such as DRT -- came in at $1.16 per share, bettering the $1.02 of the year-ago period. That $1.16 fell just short of the $1.17 average analyst expectation.

For the full year, revenues totaled $1.3 billion, and net income was $172 million ($1.48 diluted EPS), against 2011's $1.1 billion and $131 million ($1.32). FFO for 2012 was $4.44 per share, up from the previous year's $4.06.

Going forward, DRT proffered guidance for fiscal 2013. It expects diluted EPS of $1.37-$1.52, and FFO of $4.70-$4.85.

The article Digital Realty Trust Misses on Q4 FFO originally appeared on Fool.com.

Fool contributor Eric Volkman has no position in Digital Realty Trust. The Motley Fool has no position in Digital Realty Trust. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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