Prologis' Q4 FFO Beat Estimates, Rental Revenues Rise Y/Y

Prologis, Inc. (PLD) reported fourth-quarter 2024 core funds from operations (FFO) per share of $1.50, outpacing the Zacks Consensus Estimate of $1.38. This compares favorably with the year-ago quarter’s figure of $1.26.See the Zacks Earnings Calendar to stay ahead of market-making news.Reflecting investors’ positive sentiments, shares of the company gained more than 3% during the initial hours of today’s trading session. The quarterly results reflect a rise in rental revenues and healthy leasing activity. ...