Edition:
United States

QTS Realty Trust Inc (QTS.N)

QTS.N on New York Stock Exchange

43.32USD
24 Sep 2018
Change (% chg)

$-1.72 (-3.82%)
Prev Close
$45.04
Open
$44.88
Day's High
$44.88
Day's Low
$43.23
Volume
112,123
Avg. Vol
140,922
52-wk High
$61.35
52-wk Low
$31.59

Latest Key Developments (Source: Significant Developments)

QTS Re-Focusing Organization And Salesforce On Hyperscale And Hybrid Colocation Opportunities
Tuesday, 20 Feb 2018 04:05pm EST 

Feb 20 (Reuters) - Qts Realty Trust Inc ::QTS ANNOUNCES STRATEGIC PLAN TO ACCELERATE GROWTH AND PROFITABILITY.QTS REALTY TRUST - ANTICIPATES RESTRUCTURING PLAN TO HAVE ONLY A RELATIVELY MODEST IMPACT ON ITS CONSOLIDATED 2018 ADJUSTED EBITDA & OPERATING FFO PER SHARE RESULTS.QTS REALTY TRUST INC SAYS IS RE-FOCUSING ITS ORGANIZATION AND SALESFORCE ON HYPERSCALE AND HYBRID COLOCATION OPPORTUNITIES.  Full Article

QTS Reports Q4 Operating FFO Per Share $0.79
Tuesday, 20 Feb 2018 04:05pm EST 

Feb 20 (Reuters) - Qts Realty Trust Inc ::QTS REPORTS FOURTH QUARTER AND FULL YEAR 2017 OPERATING RESULTS.Q4 OPERATING FFO PER SHARE $0.79.Q4 REVENUE ROSE 12.8 PERCENT TO $118.9 MILLION.SEES 2018 CORE REVENUE $408 MILLION VERSUS $422 MILLION.SEES 2018 CAPITAL EXPENDITURES $425 MILLION TO $475 MILLION.SEES 2018 CORE OPERATING FFO PER FULLY DILUTED SHARE $2.55 TO $2.65.QTS REALTY TRUST - ANNOUNCES RESTRUCTURING PLAN TO INCREASE GROWTH, PROFITABILITY IN BUSINESS, WHILE REDUCING COMPLEXITY, SIMPLIFYING COST STRUCTURE.QTS REALTY TRUST - UNDER RESTRUCTURING PLAN, CO INTENDS TO REALIGN PRODUCT OFFERINGS AROUND HYPERSCALE AND HYBRID COLOCATION.UNDER RESTRUCTURING PLAN, CO INTENDS TO EXIT CERTAIN OF C3- CLOUD AND MANAGED SERVICES OFFERINGS BY END OF 2018.FFO FOR QUARTER ON A FULLY DILUTED PER SHARE BASIS WAS $0.28 PER SHARE.  Full Article

QTS Increases Unsecured Credit Facility By $320 Mln To $1.52 Bln And Extends Maturity Date
Monday, 18 Dec 2017 04:17pm EST 

Dec 18 (Reuters) - Qts Realty Trust Inc ::QTS INCREASES UNSECURED CREDIT FACILITY BY $320 MILLION TO $1.52 BILLION AND EXTENDS MATURITY DATE.QTS REALTY TRUST INC - UNSECURED CREDIT FACILITY IS COMPRISED OF A TERM LOAN IN AMOUNT OF $350 MILLION WITH A 5-YEAR MATURITY.QTS REALTY TRUST - FACILITY IS ALSO COMPRISED OF A TERM LOAN OF $350 MILLION WITH A 5.5-YEAR MATURITY, AND A 4-YEAR $820 MILLION REVOLVING CREDIT FACILITY.QTS REALTY TRUST INC - CREDIT FACILITY ALSO PROVIDES FOR A $400 MILLION ACCORDION FEATURE TO INCREASE CREDIT FACILITY UP TO $1.92 BILLION.  Full Article

QTS Realty Trust announces upsize and pricing of $400 mln senior notes offering
Wednesday, 25 Oct 2017 04:50pm EDT 

Oct 25 (Reuters) - QTS Realty Trust Inc :QTS Realty Trust Inc announces upsize and pricing of $400 million senior notes offering.QTS Realty Trust Inc - units upsized and priced their private offering of $400 million aggregate principal amount of senior notes due 2025​.QTS Realty Trust Inc - ‍offering was upsized from previously announced $350 million aggregate principal amount​.QTS Realty Trust Inc - ‍notes will have an interest rate of 4.750 pct per annum and will be issued at a price equal to 100 pct of their face value​.  Full Article

QTS Realty Trust Inc announces Launch of Senior Notes Offering
Wednesday, 25 Oct 2017 07:36am EDT 

Oct 25 (Reuters) - Qts Realty Trust Inc :QTS Realty Trust Inc - units ‍intend to offer $350 million aggregate principal amount of senior notes due 2025 in a private offering​.QTS Realty Trust Inc - ‍net proceeds from offering to fund redemption of all of their outstanding 5.875 percent senior notes due 2022​.QTS Realty Trust Inc -‍ net proceeds from offering also to be used to repay a portion of amount outstanding under co's unsecured revolving credit facility​.  Full Article

QTS Q3 FFO per share $0.68
Tuesday, 24 Oct 2017 04:30pm EDT 

Oct 24 (Reuters) - QTS Realty Trust Inc ::QTS reports third quarter 2017 operating results.Q3 operating FFO per share $0.70.Q3 FFO per share $0.68.Q3 revenue $113.8 million versus i/b/e/s view $113.8 million.Q3 FFO per share view $0.68 -- Thomson Reuters I/B/E/S.QTS Realty Trust Inc - ‍reiterating its guidance for revenue growth, adjusted ebitda and operating FFO for 2017​.Fy2017 FFO per share view $2.70 -- Thomson Reuters I/B/E/S.QTS Realty Trust Inc - ‍continues to expect 2017 capital expenditures, excluding acquisitions, to be in range of approximately $325.0 million to $375.0 million​.QTS Realty Trust Inc - ‍ is raising its guidance for operating FFO per share to a range of $2.68 to $2.80 for 2017​.  Full Article

QTS reports Q2 operating FFO per share $0.63
Tuesday, 25 Jul 2017 05:00pm EDT 

July 25 (Reuters) - Qts Realty Trust Inc :QTS reports second quarter 2017 operating results.Q2 operating FFO per share $0.63.Q2 revenue $107.9 million versus I/B/E/S view $107.9 million.Qts Realty Trust Inc - expecting 2017 year-over-year revenue growth to be at low end of its previously provided range of 11 - 13 pct.Qts Realty Trust Inc says reaffirming its 2017 adjusted EBITDA guidance of $203.0 million to $211.0 million.QTS Realty Trust Inc sees 2017 operating FFO per share of $2.66 to $2.78.QTS Realty Trust Inc - maintaining 2017 guidance for capital expenditures, excluding acquisitions, of approximately $325.0 million to $375.0 million.QTS Realty Trust Inc - maintaining 2017 guidance for expected churn at high end of its historical average of 5-8 pct.FY2017 FFO per share view $2.69 -- Thomson Reuters I/B/E/S.Q2 FFO per share view $0.63 -- Thomson Reuters I/B/E/S.Q2 revenue view $107.9 million -- Thomson Reuters I/B/E/S.Fy2017 revenue view $449.8 million -- Thomson Reuters I/B/E/S.  Full Article

QTS reports Q1 FFO per share $0.63
Monday, 1 May 2017 04:35pm EDT 

May 1 (Reuters) - QTS Realty Trust Inc :QTS reports first quarter 2017 operating results.Q1 operating FFO per share $0.64.Q1 FFO per share $0.63.Q1 FFO per share view $0.61 -- Thomson Reuters I/B/E/S.Q1 revenue $106 million versus I/B/E/S view $105.4 million.Sees FY 2017 FFO per share $2.64 to $2.76 excluding items.FY 2017 FFO per share view $2.70 -- Thomson Reuters I/B/E/S.  Full Article

QTS Realty Trust announces "at-the-market" offering program
Monday, 20 Mar 2017 04:59pm EDT 

Qts Realty Trust Inc : Qts realty trust, inc. Announces "at-the-market" offering program . Qts realty trust - established "at--market" program through which it may issue and sell, up to an aggregate of $300 million of company's class a common stock .Qts realty trust inc- intends to use net proceeds from these sales for repayment of amounts outstanding under its unsecured revolving credit facility.  Full Article

QTS Realty Trust Q4 FFO per share $0.62
Tuesday, 21 Feb 2017 04:51pm EST 

QTS Realty Trust Inc : Q4 revenue rose 13.8 percent to $105.4 million . Q4 FFO per share $0.62 . QTS Realty Trust Inc sees 2017 operating ffo per share $2.64 - $2.76 . QTS Realty Trust Inc sees 2017 capital expenditures $325.0 million - $375.0 million . QTS Realty Trust Inc - expects 2017 revenue growth of 11pct-13pct . QTS Realty Trust Inc - sees expected 2017 churn at high end of 5pct-8pct . QTS Realty Trust Inc - expects 2017 adjusted ebitda margin to be in line with 2016 adjusted ebitda margin . Q4 FFO per share view $0.64 -- Thomson Reuters I/B/E/S . FY2017 FFO per share view $2.71 -- Thomson Reuters I/B/E/S . FY2017 revenue view $450.8 million -- Thomson Reuters I/B/E/S .Q4 revenue view $104.8 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Land & Buildings Investment Management Comments On Results Of QTS Annual Meeting

* LAND & BUILDINGS INVESTMENT MANAGEMENT - COMMENTED ON VOTING RESULTS OF 2018 ANNUAL MEETING OF STOCKHOLDERS OF QTS REALTY TRUST Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)