Prologis (PLD) Q4 FFO Beat Estimates

Prologis (PLD) came out with quarterly funds from operations (FFO) of $1.49 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to FFO of $1.5 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +3.60%. A quarter ago, it was expected that this industrial real estate developer would post FFO of $1.44 per share when it actually produced FFO of $1.49, delivering a surprise of +3.47%.Over the last four quarter ...