Prologis (PLD) Q4 FFO Surpass Estimates

Prologis (PLD) came out with quarterly funds from operations (FFO) of $1.50 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to FFO of $1.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 8.70%. A quarter ago, it was expected that this industrial real estate developer would post FFO of $1.37 per share when it actually produced FFO of $1.43, delivering a surprise of 4.38%.Over the last four quarters ...