1. Homepage
  2. Equities
  3. United States
  4. Nasdaq
  5. Equinix, Inc.
  6. News
  7. Summary
    EQIX   US29444U7000

EQUINIX, INC.

(EQIX)
  Report
Delayed Quote. Delayed Nasdaq - 05/17 04:00:00 pm
646.81 USD   +0.06%
05/17EQUINIX, INC. : Ex-dividend day for
FA
05/13MEDIA ALERT : Equinix to Speak at Upcoming Investor Conferences
PR
05/09INSIDER SELL : Equinix
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Equinix: Q3 Earnings Snapshot

11/03/2021 | 03:19pm EDT

REDWOOD CITY, Calif. (AP) _ Equinix Inc. (EQIX) on Wednesday reported a key measure of profitability in its third quarter. The results topped Wall Street expectations.

The real estate investment trust, based in Redwood City, California, said it had funds from operations of $628.3 million, or $6.94 per share, in the period.

The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from operations of $6.69 per share.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $152.2 million, or $1.68 per share.

The data center operator, based in Redwood City, California, posted revenue of $1.68 billion in the period, meeting Street forecasts.

Equinix expects full-year funds from operations in the range of $27.03 to $27.25 per share, with revenue in the range of $6.61 billion to $6.63 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EQIX at https://www.zacks.com/ap/EQIX

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

All news about EQUINIX, INC.
05/17EQUINIX, INC. : Ex-dividend day for
FA
05/13MEDIA ALERT : Equinix to Speak at Upcoming Investor Conferences
PR
05/09INSIDER SELL : Equinix
MT
05/06RBC Cuts Price Target on Equinix to $820 From $840, Citing More Conservative Tax Assump..
MT
05/03INSIDER SELL : Equinix
MT
05/03Equinix Buys Four Data Centers In Chile; Shares Climb
MT
05/03Equinix Expands in Latin America, Completes Acquisition of Four Data Centers in Chile
PR
05/03Equinix, Inc. Expands in Latin America, Completes Acquisition of Four Data Centers in C..
CI
04/29EQUINIX INC Management's Discussion and Analysis of Financial Condition and Results ..
AQ
04/28Equinix on Pace for Largest Percent Increase Since April 2020 -- Data Talk
DJ
More news
Analyst Recommendations on EQUINIX, INC.
More recommendations
Financials (USD)
Sales 2022 7 310 M - -
Net income 2022 662 M - -
Net Debt 2022 13 272 M - -
P/E ratio 2022 89,7x
Yield 2022 1,92%
Capitalization 58 874 M 58 874 M -
EV / Sales 2022 9,87x
EV / Sales 2023 9,18x
Nbr of Employees 10 944
Free-Float 99,3%
Chart EQUINIX, INC.
Duration : Period :
Equinix, Inc. Technical Analysis Chart | EQIX | US29444U7000 | MarketScreener
Technical analysis trends EQUINIX, INC.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 646,81 $
Average target price 818,23 $
Spread / Average Target 26,5%
EPS Revisions
Managers and Directors
Charles J. Meyers President, Chief Executive Officer & Director
Keith D. Taylor Director-Finance & Administration
Peter F. van Camp Executive Chairman
Milind Wagle Chief Information Officer
Joubine Dustzadeh Chief Technology Officer
Sector and Competitors
1st jan.Capi. (M$)
EQUINIX, INC.-23.53%58 874
REALTY INCOME CORPORATION-4.16%41 276
DIGITAL REALTY TRUST, INC.-27.26%36 623
ALEXANDRIA REAL ESTATE EQUITIES, INC.-25.75%27 019
SEGRO PLC-22.52%16 685
W. P. CAREY INC.1.02%15 988