Prologis Guides FY23 EPS In Line With Estimates - Update
(RTTNews) - While reporting its financial results for the fourth quarter on Wednesday, logistics real estate firm Prologis Inc. (PLD) initiated its net earnings and core funds from operations outlook for the full-year 2023.
For fiscal 2023, the company now forecasts net earnings in a range of $3.00 to $3.15 per share, core funds from operation or core FFO in a range of $5.40 to $5.50 per share and core FFO, excluding net promote income, in a range of $5.00 to $5.10 per share.
On average, eight analysts polled by Thomson Reuters expect the company to report earnings of $3.08 per share for the year. Analysts' estimates typically exclude special items.
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Prologis Q1 Results Top Estimates
Logistics real estate firm Prologis, Inc. (PLD) reported Wednesday that net earnings attributable to common stockholders for the first quarter increased to $584.26 million or $0.63 per share from $463.17 million or $0.50 per share in the prior-year quarter.
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Prologis Trims FY24 Outlook - Update
While reporting its financial results for the first quarter on Wednesday, logistics real estate firm Prologis Inc. (PLD) trimmed its net earnings and core funds from operations outlook for the full-year 2024.
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Prologis Guides FY24 EPS Well Above Estimates - Update
While reporting its financial results for the fourth quarter on Wednesday, logistics real estate firm Prologis Inc. (PLD) initiated its net earnings and core funds from operations outlook for the full-year 2024.
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Prologis Boosts FY23 Core FFO Outlook - Update
While reporting its financial results for the third quarter on Tuesday, logistics real estate firm Prologis Inc. (PLD) raised its core funds from operations outlook for the full-year 2023.
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Prologis To Acquire About 14 Mln Sq. Ft. Of Blackstone Industrial Portfolio In $3.1 Bln Cash Deal
Prologis, Inc. (PLD) and Blackstone (BX) announced Monday a definitive agreement for Prologis to acquire nearly 14 million square feet of industrial properties from opportunistic real estate funds affiliated with Blackstone for $3.1 billion in cash.
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Prologis Trims FY22 Outlook - Update
While reporting its financial results for the third quarter on Wednesday, logistics real estate firm Prologis Inc. (PLD) lowered its net earnings and core funds from operations outlook for the full-year 2022.
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Prologis To Acquire Duke Realty In All-stock Deal Valued At About $26 Bln
Prologis, Inc. (PLD) and Duke Realty Corp. (DRE) announced Monday that the two companies have entered into a definitive merger agreement by which Prologis will acquire Duke Realty in an all-stock transaction, valued at approximately $26 billion, including the assumption of debt.
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European Shares Set To Rise As ECB Rate Cut Looks Certain
European stocks are likely to open higher on Monday after a private survey showed China's manufacturing activity grew more than expected in May - contrasting with an official PMI reading that showed China's manufacturing unexpectedly shrank in the month.
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