REDWOOD CITY, Calif., July 29, 2020 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that its board of directors has declared a quarterly cash dividend of $2.66 per share on its common stock. The Zacks Consensus Estimate for the same is pegged at $24.33.We need the following information so we can identify you in our systems. Delayed quotes by Sungard.The company’s quarterly AFFO per share was $6.35, beating the Zacks Consensus Estimate of $5.98.

The financial services provider reported $1.52 earnings per share for the quarter, missing the consensus estimate of $5.40 by ($3.88). It predicts adjusted EBITDA of $2.781-$2.851 billion, higher than $2.765-$2.845 billion stated earlier.

Equinix, Inc (Nasdaq: EQIX) connects the world's leading businesses to their customers, employees and partners inside the most-interconnected data centers. Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc.; Dow Jones & Company; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc.Revenues from the three geographic regions increased on a year-over-year basis as well. See its 7 best stocks FREE.For third-quarter 2020, Equinix projects revenues of $1.493-$1.513 billion. Equinix Inc (NASDAQ:EQIX) declared a quarterly dividend on Wednesday, July 29th, RTT News reports. Equinix has an average rating of “Buy” and an average price target of $745.11.Nissay Asset Management Corp Japan ADV Trims Stock Holdings in Citrix Systems, Inc. (NASDAQ:CTXS)Metlife Inc (NYSE:MET) Expected to Announce Quarterly Sales of $15.36 BillionEquinix (NASDAQ:EQIX) last posted its quarterly earnings data on Wednesday, July 29th. All information is required.This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein.

Further, AFFO per share is estimated to be $23.87-$24.67, up from $23.62-$24.66 stated earlier. Credit Suisse Group lifted their price objective on shares of Equinix from $704.00 to $782.00 and gave the stock an “outperform” rating in a research report on Thursday. Non-recurring revenues declined 8.8% from the year-ago quarter to $71.9 million.The company improved its guidance for the ongoing year on foreign currency benefit. The quarterly common stock dividend will be paid on September 23, 2020, to shareholders of record on August 19, 2020. During the same quarter in the previous year, the firm posted $1.69 earnings per share. The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.46 billion.

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