Equinix, Inc. (EQIX), headquartered in Redwood City, California, operates as a real estate investment trust. With a market cap of $83.2 billion, the company invests in interconnected data centers. Equinix focuses on developing network and cloud-neutral data center platform for cloud and information technology, enterprises, network, and mobile services providers, as well as for financial companies. The world's digital infrastructure company is expected to announce its fiscal third-quarter earnings for 2024 after the market closes on Wednesday, Oct. 30.
Ahead of the event, analysts expect EQIX to report a profit of $7.70 per share on a diluted basis, down 6% from $8.19 per share in the year-ago quarter. The company beat the consensus estimate in each of the last four quarters.
