Prologis (PLD) Reports Q2 Core FFO of $0.84

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Go back to Prologis (PLD) Reports Q2 Core FFO of $0.84

Prologis Reports Second Quarter 2017 Earnings Results

July 18, 2017 8:00 AM EDT

SAN FRANCISCO, July 18, 2017 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported results for the second quarter of 2017.

Net earnings per diluted share was $0.50 compared with $0.52 for the same period in 2016. Core funds from operations* per diluted share was $0.84 compared with $0.60 for the same period in 2016. The impact from net promote income for the quarter was $0.18 per share.

"Our second quarter results were excellent and reflect record rent increases and higher earnings from our strategic capital business," said Hamid R. Moghadam, chairman... More