Investing.com - Equinix reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that was inline with forecasts.
The firm reported earnings per share of $2.37 on revenue of $1.82B. Analysts polled by Investing.com forecast EPS of $1.8 on revenue of $1.82B. .
For the year, Equinix shares are down 22.89%, under-performing the S&P 500 which is down 15.58% year to date.
Equinix follows other major Real Estate sector earnings this month
On July 18, Prologis reported second quarter EPS of $0.82 on revenue of $1.09B, compared to forecasts of EPS of $0.6478 on revenue of $1.11B.
Crown Castle earnings beat analyst's expectations on July 20, with second quarter EPS of $0.97 on revenue of $1.73B. Investing.com analysts expected EPS of $0.9586 on revenue of $1.71B
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