QTS Reports Second Quarter 2019 Operating Results

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Go back to QTS Reports Second Quarter 2019 Operating Results

QTS Realty Trust (QTS) Misses Q2 EPS by 8c, Revenues Beat; Provides FY19 Revenue Outlook

July 29, 2019 4:37 PM EDT

QTS Realty Trust (NYSE: QTS) reported Q2 EPS of ($0.03), $0.08 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $119.17 million versus the consensus estimate of $114.72 million.

Additional Second Quarter Highlights

Recognized total consolidated revenues of $119.2 million for the quarter ended June 30, 2019, an increase of 6.1% compared to total consolidated revenue of $112.3 million for the same period in 2018. The Company recognized total consolidated revenues of $119.2 million for the quarter ended June 30, 2019 compared to total consolidated Core revenue of $102.5 million for the same period in 2018, an increase of 16.2%. This... More