Investing.com - Equinix reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $7.73 on revenue of $1.8B. Analysts polled by Investing.com forecast EPS of $1.83 on revenue of $1.84B. .
For the year, Equinix shares are up 17.79%, outperforming the S&P 500 which is down 21.12% year to date.
Equinix follows other major Real Estate sector earnings this month
On October 19, Prologis reported third quarter EPS of $1.36 on revenue of $1.75B, compared to forecasts of EPS of $1.34 on revenue of $1.2B.
American Tower earnings beat analyst's expectations on October 27, with third quarter EPS of $1.8 on revenue of $2.67B. Investing.com analysts expected EPS of $1.13 on revenue of $2.65B
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