Prologis Reports Third Quarter 2019 Earnings Results

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ProLogis (PLD) PT Raised to $87 at Deutsche Bank

October 17, 2019 8:52 AM EDT

Deutsche Bank analyst Derek Johnston raised the price target on ProLogis (NYSE: PLD) to $87.00 (from $82.00) while maintaining a Buy rating.

"A guarded outlook no more. In sharp contrast to the conservatism we heard at the beginning of the year, management was... More

Prologis (PLD) Tops Q3 EPS by 26c, Revenues Beat; Raises FY19 EPS Guidance

October 15, 2019 8:04 AM EDT

Prologis (NYSE: PLD) reported Q3 EPS of $0.71, $0.26 better than the analyst estimate of $0.45. Revenue for the quarter came in at $842 million versus the consensus estimate of $714.7 million.

"Our third-quarter results were excellentreflecting record rent increases and significant earnings from our Strategic Capital... More