ProLogis (PLD) PT Raised to $73 at BTIG

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Prologis Reports First Quarter 2018 Earnings Results

April 17, 2018 8:00 AM EDT

SAN FRANCISCO, April 17, 2018 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported results for the first quarter of 2018.

Net earnings per diluted share was $0.68 compared with $0.38 for the same period in 2017. Core funds from operations* per diluted share was $0.80 compared with $0.63 for the same period in 2017. The company's first quarter 2018 results included net promote income of $0.09 per diluted share.

"Earlier this year, we established sector-leading 2018 guidance, and our quarterly results reflect the first step in delivering on that plan," said Hamid R. Moghadam,... More