Equinix Stock News

Equinix (EQIX) posts stellar Q3 results backed by strong demand for its colocation and interconnection services. It hikes its dividend payout by 25% and raises AFFO per share guidance for 2023.

Equinix, Inc. (NASDAQ:EQIX ) Q3 2023 Earnings Conference Call October 25, 2023 5:30 PM ET Company Participants Chip Newcom - Senior Director, IR Charles Meyers - CEO Keith Taylor - CFO Conference Call

Although the revenue and EPS for Equinix (EQIX) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Str

Equinix (EQIX) came out with quarterly funds from operations (FFO) of $8.19 per share, beating the Zacks Consensus Estimate of $7.79 per share. This compares to FFO of $7.73 per share a year ago.

Equinix's (EQIX) Q3 earnings are likely to have benefited from the robust demand for data centers and expansionary efforts. However, higher interest expenses might have hurt it.

REITs are down bad this year. REIT stocks across nearly all sectors are down by double digits since January.

Since its IPO in 2000, Equinix's total return has edged out that of the Nasdaq Composite index. The data center giant also has been accelerating its dividend growth.

Interest rates have risen due to a stronger-than-expected economy and excess savings from pandemic stimulus. The jobs report was a blowout, sending interest rates soaring once more. REITs have fallen

REITs have been underperforming in 2023 due to higher interest rates and alternative investment options. Long-term investors may find discounted valuations in high-quality REITs as the rate hike cycle

The data center industry thrives globally, and Equinix (EQIX) is primed to seize this opportunity with its recurring revenue model and strategic growth.

REDWOOD CITY, Calif. , Oct. 2, 2023 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, today announced that it will hold its quarterly conference call on Wed

The data center business is thriving across geographies, and Equinix (EQIX) is well-poised to capitalize on this opportunity. Its recurring revenue model and strategic expansions are encouraging.

Equinix's (EQIX) expanded relationship with Southern Cross through the SX NEXT submarine cable system underscores its pivotal role in advancing global connectivity.

REITs experienced a significant selloff after the Federal Reserve indicated that high interest rates will persist for a while. Despite the market panic, or rather because of it, dividend investors sho

Equinix is a dominant player in the data center industry, and will benefit from the rapid pace of digital transformation. We touch upon a few favorable facets of this story. Even though we like this s