Prologis (PLD) Reports Q3 Core FFO of $0.67; Narrows Outlook
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Prologis Reports Third Quarter 2017 Earnings Results
October 17, 2017 8:00 AM EDTSAN FRANCISCO, Oct. 17, 2017 /PRNewswire/ --Â Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported results for the third quarter of 2017.
Net earnings per diluted share was $1.63 compared with $0.52 for the same period in 2016. This year-over-year increase was driven primarily by higher gains on dispositions of real estate, as well as by improved operating conditions.
Core funds from operations* per diluted share was $0.67 compared with $0.73 ($0.59 before promote income) for the same period in 2016. No promote was recognized this quarter. Improved operating conditions primarily drove the $0.08 year-over-year... More
