WASHINGTON (dpa-AFX) - Digital Realty Trust, Inc. (DLR) reported that its first-quarter Funds from operations available to common stockholders and unitholders increased to $124.70 million from $107.03 million in the year ago quarter. Reported FFO of $1.06 per share for the first quarter of 2012, up 3.9% from $1.02 per share for the first quarter of 2011.
Net income available to common stockholders in the first quarter of 2012 was $39.2 million, or $0.36 per share, compared to $31.0 million, or $0.33 per share, in the first quarter of 2011.
The Company reported total operating revenues of $283.1 million in the first quarter of 2012, up 12.9% from $250.7 million in the first quarter of 2011.
Analysts polled by Thomson Reuters expected the company to report earnings of $1.05 per share on revenues of $251.18 million for the quarter. Analysts' estimates typically exclude special items.
The company said it is not revising its 2012 FFO guidance range of $4.34 to $4.48 per share and its underlying assumptions at this time. Analysts expect the company to report earnings of $4.42 per share for fiscal 2012.
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