Digital Realty Trust Inc. (DLR) reported first-quarter net income available to stockholders of $42.7 million or $0.34 per share, compared to $39.2 million or $0.36 per share, last year. Total operating revenues rose to $358.4 million, from $283.1 million last year.
Funds from operations was $1.16 per share, up from $1.06 per share in the first quarter of 2012. Excluding certain items, core FFO was $1.18 per share, up from $1.06 per share last year.
On average, 20 analysts polled by Thomson Reuters expected the company to report profit of $1.18 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $353.29 million for the quarter.
The company said it is not revising 2013 FFO guidance range of $4.65 to $4.80 per share, 2013 core FFO guidance range of $4.70 to $4.85 per share, and underlying assumptions at this time.
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