Digital Realty Jumps as Q2 Earnings Beat, Guidance Raised (DLR:NYSE)

Digital Realty Trust shares rose Tuesday after the data center REIT reported second-quarter results that exceeded analyst expectations and raised its full-year outlook.

The company cited robust demand from cloud and AI customers for its data center capacity, with leasing activity and pricing trends supporting the improved forecast. Management lifted its full-year adjusted funds from operations guidance, signaling confidence in the operating environment, Digital Realty said.

AlphaScala's proprietary Alpha Score for DLR stands at 48 out of 100, a Mixed rating, reflecting balanced risk-reward within the real estate sector. The stock traded higher on the session.

For more on Digital Realty, see the DLR stock page.