QTS Realty Trust (QTS) Announces Quarterly Earnings, Meets Expectations
QTS Realty Trust (NYSE:QTS) announced its earnings results on Tuesday. The company reported $0.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.47, Analyst Ratings Network reports. The company had revenue of $48.94 million for the quarter, compared to the consensus estimate of $48.43 million. The company’s revenue for the quarter was up 17.9% on a year-over-year basis. QTS Realty Trust updated its FY14 guidance to $1.95-2.05 EPS.
QTS Realty Trust (NYSE:QTS) traded up 0.76% during mid-day trading on Tuesday, hitting $26.67. 66,257 shares of the company’s stock traded hands. QTS Realty Trust has a 52 week low of $19.06 and a 52 week high of $27.25. The stock’s 50-day moving average is $25.41 and its 200-day moving average is $23.30. The company has a market cap of $773.9 million and a P/E ratio of 242.84.
QTS Realty Trust, Inc is a owner, developer and operator of carrier-neutral, multi-tenant data centers.
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