Prologis (PLD) Reports Q4 EPS of $0.94, Revenues Beat; Offers FY19 EPS Guidance Above Consensus

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Prologis Reports Fourth Quarter and Full Year 2018 Earnings Results

January 22, 2019 8:00 AM EST

SAN FRANCISCO, Jan. 22, 2019 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported results for the fourth quarter and full year 2018.

Net earnings per diluted share was $0.94 for the quarter and $2.87 for the year compared with $0.55 and $3.06 for the same periods in 2017.

Core funds from operations (Core FFO)* per diluted share was $0.80 for the quarter (including $0.05 of net promote income) compared with $0.67 for the same quarter in 2017. For the full year 2018, Core FFO was $3.03 compared with $2.81 for the same period in 2017. Further, Core FFO for... More