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

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

Prologis Reports Second Quarter 2018 Earnings Results

July 17, 2018 8:00 AM EDT

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

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 compared with $0.84 for the same period in 2017. The prior period included net promote income of $0.18 per diluted share.

"Our momentum going into 2018 continued through the second quarter," said Hamid R. Moghadam, chairman and CEO, Prologis. "Our portfolio and balance sheet are... More