Prologis (PLD) Reports Q3 EPS of $0.60, Revenues Beat; Narrows FY18 EPS Outlook
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Prologis Reports Third Quarter 2018 Earnings Results
October 16, 2018 8:00 AM EDTSAN FRANCISCO, Oct. 16, 2018 /PRNewswire/ --Â Â Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported results for the third quarter of 2018.
Net earnings per diluted share was $0.60 compared with $1.63 for the third quarter of 2017. The prior period included $585 million or $1.08 per diluted share of higher gains on dispositions. Core funds from operations* per diluted share was $0.72 compared with $0.67 for the same period in 2017.
"Demand for well-located logistics real estate is strong, with customers prioritizing proximity to consumers to offset supply chain costs such as labor and... More
