Equinix to Report Q3 Earnings Oct. 28; Analysts Expect FFO of $9.28 Per Share

Equinix (EQIX) is expected to report fiscal third-quarter earnings after the market closes on Wednesday, Oct. 28, with analysts forecasting funds from operations of $9.28 per share on a diluted basis, down 5.6% from $9.83 a year earlier. The data center REIT has topped Wall Street FFO estimates in each of its last four quarterly reports. For the full year, analysts expect FFO of $38.23 per share, marginally below $38.33 in fiscal 2025, before a projected 11.1% rise to $42.48 in fiscal 2027. EQIX shares have gained 14.8% over the past 52 weeks, outpacing the S&P 500 Index's ($SPX) 13.4% advance and the State Street Real Estate Select Sector SPDR ETF (XLRE). On October 21, the company unveiled its Enhanced Performance Innovation Centers, a global network of liquid-cooling environments for testing high-density AI infrastructure. Consensus is a "Strong Buy," with 26 of 36 analysts at "Strong Buy" and an average price target of $1,230.20, implying 28.8% upside.