Real estate investment trust Prologis, Inc. (NYSE: PLD) on Tuesday announced financial results for the third quarter of 2023, reporting higher revenues.
- Net earnings per share declined to $0.80 in Q3 from $1.36 in the corresponding period of last year
- Core funds from operations per share was $1.30, compared with $1.73 for the same period in 2022
- Total revenues, meanwhile, increased to $1.92 billion in the three-month period from $1.75 billion a year earlier
- Net earnings attributable to common stockholders was $746 million, down from $1.01 billion reported in Q3 2022
- For fiscal 2023, the management expects earnings per share to be in the range of $3.30 to $3.35
- Full-year core funds from operations are expected to be in the range of $5.58 per share to $5.60 per share
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%