Investing.com - Equinix reported fourth quarter earnings that missed analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.36 on revenue of $1.71B. Analysts polled by Investing.com anticipated EPS of $1.4 on revenue of $1.7B. .
Equinix shares gained 3.60% to trade at $697.82 in after-hours trade following the report.
For the year, Equinix shares are down 20.37%, under-performing the Nasdaq which is down 9.72% year to date.
Equinix follows other major Real Estate sector earnings this month
On January 19, Prologis reported fourth quarter EPS of $1.67 on revenue of $1.07B, compared to forecasts of EPS of $0.7055 on revenue of $1.04B.
Crown Castle earnings beat analyst's expectations on January 26, with fourth quarter EPS of $0.81 on revenue of $1.65B. Investing.com analysts expected EPS of $0.7708 on revenue of $1.63B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar