QTS Reports First Quarter 2020 Operating Results
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QTS Realty Trust (QTS) Misses Q1 EPS by 4c, Revenues Beat
April 27, 2020 4:11 PM EDTQTS Realty Trust (NYSE: QTS) reported Q1 EPS of ($0.01), $0.04 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $126.3 million versus the consensus estimate of $124.78 million.
Additional First Quarter Highlights
Recognized total consolidated revenues of $126.3 million for the quarter ended March 31, 2020, an increase of 12.1% compared to the same period in 2019. Total consolidated revenues do not include QTS' pro rata share of revenue attributable to its unconsolidated joint venture of $1.5 million and $0.4 million for the quarters ended March 31, 2020 and 2019, respectively.Reported Adjusted EBITDA of... More