Prologis (PLD) Reports Q1 FFO of $1.09

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Go back to Prologis (PLD) Reports Q1 FFO of $1.09

Prologis Reports First Quarter 2022 Earnings Results

April 19, 2022 8:00 AM EDT

SAN FRANCISCO, April 19, 2022 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported results for the first quarter of 2022.

Net earnings per diluted share was $1.54 for the quarter compared with $0.49 for the first quarter of 2021. Core funds from operations (Core FFO)* per diluted share was $1.09 for the quarter compared with $0.97 for the same period in 2021.

"The need for resilience in the supply chain continues to drive record demand despite today's economic and geopolitical risks," said Hamid R.... More