ProLogis (PLD) Reports Q3 Earnings of $0.44; Increases H211 Outlook
ProLogis (NYSE: PLD) reported Q3 EPS of $0.44, versus $0.33 reported last year. Revenue for the quarter came in at $501.39 million, versus $228.61 million reported last year.
The company is increasing its Core FFO guidance for the second half of 2011 to $0.83 to $0.85 per share, up from its previous guidance of $0.78 to $0.82 per share, resulting in a fourth-quarter Core FFO guidance of $0.39 to $0.41 per share.
The company is increasing its Core FFO guidance for the second half of 2011 to $0.83 to $0.85 per share, up from its previous guidance of $0.78 to $0.82 per share, resulting in a fourth-quarter Core FFO guidance of $0.39 to $0.41 per share.