Digital Realty Trust Inc. Q1 adjusted earnings Beat Estimates

(RTTNews) - Digital Realty Trust Inc. (DLR) released a profit for its first quarter that rose from last year.

The company's earnings came in at $86.30 million, or $0.42 per share. This compares with $66.15 million, or $0.41 per share, in last year's first quarter.

Excluding items, Digital Realty Trust Inc. reported adjusted earnings of $328.54 million or $1.53 per share for the period.

Analysts had expected the company to earn $0.35 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 35.2% to $744.37 million from $550.57 million last year.

Digital Realty Trust Inc. earnings at a glance:

-Earnings (Q1): $328.54 Mln. vs. $221.58 Mln. last year. -EPS (Q1): $1.53 vs. $1.36 last year. -Analysts Estimate: $0.35 -Revenue (Q1): $744.37 Mln vs. $550.57 Mln last year.

-Guidance: Full year EPS guidance: $6.50 - $6.60