Prologis (PLD) Reports Q2 FFO of $1.01

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Prologis Reports Second Quarter 2021 Earnings Results

July 19, 2021 8:05 AM EDT

SAN FRANCISCO, July 19, 2021 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported results for the second quarter of 2021.

Net earnings per diluted share was $0.81 for the quarter compared with $0.54 for the second quarter of 2020. Core funds from operations (Core FFO)* per diluted share was $1.01 for the quarter compared with $1.11 for the same period in 2020. The second quarter of 2021 included no net promote income, while the same period in 2020 had $0.23 of net promote income.

"Our exceptional quarter reflects the quality of our global... More