ProLogis (PLD) PT Raised to $71 at Barclays

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Prologis (PLD) Announces Purchase of Two Industrial Buildings in Northern California from CT for $47M

July 19, 2018 11:03 AM EDT

CT has sold two newly-constructed industrial buildings at its NorCal Logistics Center in Stockton, Calif. to Prologis (NYSE: PLD) for $47 million. The two buildings total 575,127 square feet and mark the initial completion of CTs three-building Phase I development of the larger 4.4 million-square-foot NorCal Logistics Center. Prologis (NYSE:... More

Prologis (PLD) Tops Q2 EPS by 33c, Beats on Revenues; Boosts FY18 EPS Outlook

July 17, 2018 8:05 AM EDT

Prologis (NYSE: PLD) reported Q2 EPS of $0.71, $0.33 better than the analyst estimate of $0.38. Revenue for the quarter came in at $621 million versus the consensus estimate of $557.12 million.

Net earnings per diluted share was $0.62 compared with $0.50 for the same period in 2017.Core funds from operations per diluted share was $0.71... More