Digital Realty Trust Inc
DLR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @sL | LOCK|Ls | LOCK|#qdT>V@ |
Digital Realty Earnings: Data Center Demand Remains Hot
Digital Realty's data center revenue grew 7% in the first quarter, driven by nearly 6% cash renewal spreads and over $240 million in annualized bookings. Digital's backlog of 814 megawatts under development and over $900 million of preleased signings will continue to drive revenue for the firm.
