Prologis Guides FY24 EPS Well Above Estimates - Update
(RTTNews) - While reporting its financial results for the fourth quarter on Wednesday, logistics real estate firm Prologis Inc. (PLD) initiated its net earnings and core funds from operations outlook for the full-year 2024.
For fiscal 2024, the company now forecasts net earnings in a range of $3.20 to $3.45 per share, core funds from operation or core FFO in a range of $5.42 to $5.56 per share and core FFO, excluding net promote income, in a range of $5.50 to $5.64 per share.
On average, six analysts polled by Thomson Reuters expect the company to report earnings of $2.62 per share for the year. Analysts' estimates typically exclude special items.
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Prologis Q1 Results Top Estimates
Logistics real estate firm Prologis, Inc. (PLD) reported Wednesday that net earnings attributable to common stockholders for the first quarter increased to $584.26 million or $0.63 per share from $463.17 million or $0.50 per share in the prior-year quarter.
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252 days ago
Prologis Trims FY24 Outlook - Update
While reporting its financial results for the first quarter on Wednesday, logistics real estate firm Prologis Inc. (PLD) trimmed its net earnings and core funds from operations outlook for the full-year 2024.
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252 days ago
Prologis Boosts FY23 Core FFO Outlook - Update
While reporting its financial results for the third quarter on Tuesday, logistics real estate firm Prologis Inc. (PLD) raised its core funds from operations outlook for the full-year 2023.
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435 days ago
Prologis To Acquire About 14 Mln Sq. Ft. Of Blackstone Industrial Portfolio In $3.1 Bln Cash Deal
Prologis, Inc. (PLD) and Blackstone (BX) announced Monday a definitive agreement for Prologis to acquire nearly 14 million square feet of industrial properties from opportunistic real estate funds affiliated with Blackstone for $3.1 billion in cash.
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548 days ago
Prologis Guides FY23 EPS In Line With Estimates - Update
While reporting its financial results for the fourth quarter on Wednesday, logistics real estate firm Prologis Inc. (PLD) initiated its net earnings and core funds from operations outlook for the full-year 2023.
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707 days ago
Prologis Trims FY22 Outlook - Update
While reporting its financial results for the third quarter on Wednesday, logistics real estate firm Prologis Inc. (PLD) lowered its net earnings and core funds from operations outlook for the full-year 2022.
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798 days ago
Prologis To Acquire Duke Realty In All-stock Deal Valued At About $26 Bln
Prologis, Inc. (PLD) and Duke Realty Corp. (DRE) announced Monday that the two companies have entered into a definitive merger agreement by which Prologis will acquire Duke Realty in an all-stock transaction, valued at approximately $26 billion, including the assumption of debt.
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926 days ago
Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
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15h 52min ago
