For the quarter ended March 2024, Prologis (PLD) reported revenue of $1.83 billion, up 11.9% over the same period last year. EPS came in at $1.28, compared to $0.50 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.81 billion, representing a surprise of +1.00%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.28.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...

Prologis (PLD) came out with quarterly funds from operations (FFO) of $1.28 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $1.22 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this industrial real estate developer would post FFO of $1.26 per share when it actually produced FFO of $1.26, delivering no surprise.Over the last four quarters, the company has surpassed consensus FFO estimates two times.Prologis, which bel ...

FOR IMMEDIATE RELEASE Prologis Reports First Quarter Results Positive Long-Term Outlook Amid Near-Term Macroeconomic Uncertainty SAN FRANCISCO (April 17, 2024) – Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported first quarter results for 2024. Net earnings per diluted share was $0.63 for the first quarter of 2024 compared with $0.50 for the first quarter of 2023. Core funds from operations (Core FFO)* per diluted share was $1.28 for the first quarter of 2024, compared wi ...

Key PointsThe real estate sector has been the worst performer this year, but not all branches are created equal. Logistics and warehousing may be needed during the new manufacturing breakout in the United States when Prologis stock shines. Valuations show it as a preferred name with a double-digit upside ahead for its shareholders. 5 stocks we like better than PrologisThe U.S. real estate sector has been one of the worst-performing spaces in the past 12 months. The Vanguard Real Estate ETF NYSEARCA: VNQ fel ...

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Waiting for Godot mantonino/iStock via Getty Images Where valuation is concerned, things play out over very long timeframes. Investors tend to have the attention span of a bumblebee and are always enthralled with the "latest development". But the dial of valuation swings slowly and surely. We made such a case for one REIT that we took a lot of flack for. We go over how that is proceeding and why we are even more confident that we will see $80. Last Coverage On our last update, we felt the worst was still ah ...

SAN FRANCISCO, April 1, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, will host its annual stockholders meeting on Thursday, May 9, 2024, at 2:00 p.m. PT/5:00 p.m. ET. The meeting, which will be open to all Prologis stockholders of record as of March 12, 2024, will be conducted via a virtual live webcast. The link for the live webcast is PLD Annual Shareholder Meeting.  A replay of the meeting will be posted when available in the Investor Relations "Events & Pr ...

SAN FRANCISCO, March 19, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, will host a webcast and conference call with senior management to discuss first quarter results, current market conditions and future outlook on Wednesday, April 17, 2024, at 9:00 a.m. PT/12:00 p.m. ET.To access a live broadcast of the call, please dial +1 (877) 897-2615 (toll-free from the United States and Canada) or +1 (201) 689-8514 (from all other countries). A live webcast can be acces ...

Prologis (PLD) closed at $134.12 in the latest trading session, marking a -0.7% move from the prior day. This move lagged the S&P 500's daily loss of 0.11%. At the same time, the Dow added 0.12%, and the tech-heavy Nasdaq lost 0.41%.Shares of the industrial real estate developer have appreciated by 1.96% over the course of the past month, underperforming the Finance sector's gain of 4.89% and the S&P 500's gain of 2.7%.Analysts and investors alike will be keeping a close eye on the performance of Prologis i ...

Prologis (PLD) is well-poised to capitalize on favorable conditions in the industrial real estate market due to its strong operational foundation and substantial scale. As a prominent player in this asset class, the company experiences healthy demand for its industrial real estate offerings, as evidenced by the strong performance of leasing and rental rates.Over the past years, due to the surge in e-commerce, the expansion of various industries and continuous endeavors to enhance supply-chain effectiveness, ...