Prologis (PLD) Tops Q3 EPS by 45c

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Go back to Prologis (PLD) Tops Q3 EPS by 45c

Prologis Reports Third Quarter 2021 Earnings Results

October 15, 2021 8:05 AM EDT

SAN FRANCISCO, Oct. 15, 2021 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported results for the third quarter of 2021.

Net earnings per diluted share was $0.97 for the quarter compared with $0.40 for the third quarter of 2020. Core funds from operations (Core FFO)* per diluted share was $1.04 for the quarter compared with $0.90 for the same period in 2020.

"Our third quarter results were underpinned by record increases in market rents and valuations," said Hamid R. Moghadam, chairman and CEO, Prologis. "Operating conditions are being shaped by the... More