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Market Impact: 0.25

Prologis (PLD) Tops Q2 FFO and Revenue Estimates

PLD
Corporate EarningsAnalyst EstimatesCompany Fundamentals
Prologis (PLD) Tops Q2 FFO and Revenue Estimates

Prologis reported quarterly FFO of $1.63/share, beating the Zacks consensus estimate of $1.53/share by $0.10 (about 6.5%). FFO also rose from $1.46/share a year ago, indicating improving fundamentals. Overall, the earnings print is a modest positive versus expectations.

Analysis

Prologis reported quarterly FFO of $1.63/share, beating the Zacks consensus estimate of $1.53/share by $0.10 (about 6.5%). FFO also rose from $1.46/share a year ago, indicating improving fundamentals. Overall, the earnings print is a modest positive versus expectations.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.35

Ticker Sentiment

PLD0.45