Categories Earnings, Other Industries
Earnings Summary: Prologis reports higher Q3 2024 revenue and profit
Real estate investment trust Prologis, Inc. (NYSE: PLD) announced financial results for the third quarter of 2024, reporting higher revenues and net profit.
- Net earnings, on a per-share basis, increased to $1.08 per share in the third quarter of 2024 from $0.80 per share a year earlier
- Net income was $1.0 billion during the three months, vs. $746 million in the prior-year quarter
- Total revenues increased to about $2.04 billion in the September quarter from $1.92 billion in Q3 2023
- Core funds from operations were $1.37 billion in Q3, compared to $1.24 billion in the prior-year period
- Core FFO, excluding net promote income, for the quarter was $1.45 per share, compared to $1.33 per share a year earlier
- During the quarter, the company issued an aggregate of $4.6 billion of debt at a weighted average interest rate of 4.6%
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
PNC Earnings: A snapshot of PNC Financial Services’ Q4 2025 results
PNC Financial Services Group, Inc. (NYSE: PNC) on Friday reported higher revenue and net income for the fourth quarter of fiscal 2025. The numbers also beat analysts' estimates. Total revenues
Earnings Preview: Intuitive Surgical (ISRG) looks poised for a strong Q4
Intuitive Surgical, Inc. (NASDAQ: ISRG) is a pioneer in robotic-assisted surgical technology, developing advanced systems that enable healthcare professionals to perform minimally invasive procedures with greater precision and efficiency. Having
What to expect when Alaska Air Group (ALK) reports Q4 2025 earnings results
Shares of Alaska Air Group (NYSE: ALK) gained 3% on Thursday. The stock has dropped 26% in the past 12 months. The airline is scheduled to publish its earnings results
