QTS Reports Third Quarter 2020 Operating Results
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QTS Realty Trust (QTS) Misses Q3 EPS by 4c, Revenues Beat
October 26, 2020 4:10 PM EDTQTS Realty Trust (NYSE: QTS) reported Q3 EPS of ($0.07), $0.04 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $137.54 million versus the consensus estimate of $136.93 million.
Additional Third Quarter Highlights
Recognized total consolidated revenues of $137.5 million for the quarter ended September 30, 2020, an increase of 9.8% 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 $2.0 million and $1.2 million for the quarters ended September 30, 2020 and 2019, respectively.Reported Adjusted EBITDA of... More