DLR Earnings Predictions — 2026-07-23

Ticker Report or Guide KPI Prediction Answer Confidence
DLR Report Core FFO per diluted share IN-LINE pred ~$1.99 vs. cons $1.99 MEDIUM
DLR Report Total revenue BEAT pred ~$1.72B vs. cons $1.69B MEDIUM
DLR Report New leasing at DLR share, annualized GAAP rent MISS pred ~$275M vs. cons $325M LOW
DLR Guide FY2026 Core FFO per share outlook UNCHANGED guide ~$8.05 vs. cons $8.06 (FY2026) MEDIUM
DLR Guide FY2026 development CapEx, net of partner contributions LOWER guide ~$4.15B vs. cons $3.80B (FY2026) MEDIUM
DLR Guide FY2026 signed-backlog commencement expectation at DLR share UNCHANGED guide ~$544M vs. cons $540M (FY2026) MEDIUM
DLR Return Day-1 residual (stock − beta × S&P 500) -2.5% MEDIUM
DLR Return 5-day cumulative residual -4.0% (FOLLOW-THROUGH) A largely in-line Core FFO result and retained FY2026 guide would be outweighed by lower leasing versus the elevated quarterly bar and a higher development-capex funding requirement: pred ~$4.15B vs. cons $3.80B. That combination leaves out-period per-share accretion and incremental-equity concerns unresolved, pulling FY2027-28 estimates lower even if the reported quarter is adequate. MEDIUM