Prologis (PLD) Q1 FFO and Revenues Top Estimates

Prologis (PLD) came out with quarterly funds from operations (FFO) of $1.42 per share, beating the Zacks Consensus Estimate of$1.38 per share. This compares to FFO of $1.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 2.90$1.38 per share when it actually produced FFO of $1.50, delivering a surprise of 8.70%.Over the last four quarters ...