Prologis (PLD) Reports Q2 Core FFO of $0.84
Get Alerts PLD Hot Sheet
EPS Growth %: -48.4%
Financial Fact:
Rental expenses: 63.34M
Today's EPS Names:
SFST, VLTO, CLIR, More
Join SI Premium – FREE
Prologis (NYSE: PLD) reported Q2 core FFO of $0.84, versus $0.64 reported last year.
"Our second quarter results were excellent and reflect record rent increases and higher earnings from our strategic capital business," said Hamid R. Moghadam, chairman and CEO, Prologis. "Market conditions continue to be healthy. On the margin, we are now even more positive as we see increased activity from our customers and a greater willingness to compete and pay for quality locations. Market rent growth surprised us to the upside, and the mark-to-market of our portfolio increased to 13 percent globally, which positions us for strong operating performance for the next several years."
For earnings history and earnings-related data on Prologis (PLD) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Lockheed Martin (LMT) Tops Q1 EPS by 53c, Beats on Revenue; Offers FY24 Guidance
- Fiserv (FI) Tops Q1 EPS by 9c; Boosts outlook
- Option Care Health (OPCH) Tops Q1 EPS by 3c, provides guidance
Create E-mail Alert Related Categories
Earnings, Guidance, Management CommentsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!