Prologis (PLD) Tops Q4 EPS by 23c; Provides FY20 EPS Outlook

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Prologis Reports Fourth Quarter and Full Year 2019 Earnings Results

January 22, 2020 8:00 AM EST

SAN FRANCISCO, Jan. 22, 2020 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, reported results for the fourth quarter of 2019.

Net earnings per diluted share was $0.61 for the quarter and $2.46 for the year compared with $0.94 and $2.87 for the same periods in 2018.

Core funds from operations (Core FFO)* per diluted share was $0.84 for the quarter, including $0.02 of net promote income, compared with $0.80 for the same period in 2018, which included $0.05 of net promote income. For the full year 2019, Core FFO was $3.31 compared with $3.03 for the same period in 2018.... More