CyrusOne Reports First Quarter 2017 Earnings

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Go back to CyrusOne Reports First Quarter 2017 Earnings

CyrusOne (CONE) PT Raised to $60 at Stifel Following 1Q

May 5, 2017 7:35 AM EDT

Stifel raised its price target on CyrusOne (NASDAQ: CONE) to $60.00 (from $56.00) while maintaining a Buy rating. CONE delivered solid 1Q results, topping consensus EBITDA and FFO expectations while signing 18 MW / $32M GAAP annualized rent.

Stifel increased 2017 FFO estimates by $0.05 to $3.05, reflecting an increase... More

CyrusOne (CONE) Tops Q1 FFO by 4c

May 3, 2017 4:03 PM EDT

CyrusOne (NASDAQ: CONE) reported Q1 FFO of $0.72, $0.04 better than the analyst estimate of $0.68. Revenue for the quarter came in at $149.3 million versus the consensus estimate of $149.54 million.

GUIDANCE:

CyrusOne sees FY2017 FFO of $2.95-$3.05, versus the consensus of $2.92.

For earnings history and earnings-related data on CyrusOne (CONE) click here.

... More