Dupont Fabros Technology (DFT) Tops Q2 EPS by 1c

Dupont Fabros Technology (NYSE: DFT) reported Q2 EPS of $0.32, $0.01 better than the analyst estimate of $0.31. Revenue for the quarter came in at $102 million versus the consensus estimate of $102.4 million. Normalized FFO for the quarter ended June 30, 2014 was $0.61 per share.

Hossein Fateh, President and Chief Executive Officer, said, "Increasing levels of customer demand drove strong leasing results in the quarter - both in DFT's existing data centers and in the pre-leasing of our development sites. We are equipped to capture more demand with the 21 new megawatts of development we've placed in service in the vibrant data center hubs of Northern Virginia and Santa Clara. Leasing momentum and our financial results allow us to confidently increase the mid-point of our 2014 Normalized FFO guidance by $0.05 per share."

For earnings history and earnings-related data on Dupont Fabros Technology (DFT) click here.

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