financetom
Business
financetom
/
Business
/
Prologis Q3 Core Funds From Operations, Revenue Gain; Revises 2024 Core FFO Outlook
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Prologis Q3 Core Funds From Operations, Revenue Gain; Revises 2024 Core FFO Outlook
Oct 17, 2024 1:28 PM

08:37 AM EDT, 10/16/2024 (MT Newswires) -- Prologis ( PLD ) reported Q3 core funds from operations Wednesday of $1.43 per diluted share, up from $1.30 a year earlier.

Analysts polled by Capital IQ expected $1.38.

Total revenue for the quarter ended Sept. 30 was $2.04 billion, up from $1.91 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.91 billion.

The company said it now expects full-year 2024 core funds from operations of $5.42 to $5.46 per diluted share, from $5.39 to $5.47 previously. Analysts surveyed by Capital IQ expect $5.42.

Prologis ( PLD ) shares were up nearly 1.5% in recent Wednesday premarket activity.

Price: 123.18, Change: +1.79, Percent Change: +1.47

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--UK Government Accelerating Plans to Sell NatWest Shares, Bloomberg Says
--UK Government Accelerating Plans to Sell NatWest Shares, Bloomberg Says
May 10, 2024
02:16 PM EDT, 05/10/2024 (MT Newswires) -- Price: 8.10, Change: -0.01, Percent Change: -0.12 ...
Sweetgreen's Shares Surge as RBC Points to Ongoing Comparable Sales Momentum
Sweetgreen's Shares Surge as RBC Points to Ongoing Comparable Sales Momentum
May 10, 2024
02:24 PM EDT, 05/10/2024 (MT Newswires) -- Shares of Sweetgreen ( SG ) soared Friday after the fast-casual restaurant chain reported stronger-than-expected first-quarter revenue late Thursday underpinned by comparable sales momentum that RBC Capital Markets said has continued into the second quarter. The company's same-store sales increased 5% during the three months ended March 31, outperforming Wall Street's expectations by...
US discussed 'overcapacity' in Chinese solar manufacturing, coal in climate talks
US discussed 'overcapacity' in Chinese solar manufacturing, coal in climate talks
May 10, 2024
WASHINGTON (Reuters) - The United States and China discussed Chinese overcapacity in solar and battery manufacturing, steel production and coal power during two days of bilateral meetings on climate change, senior State Department officials said on Friday. Top U.S. climate change diplomat John Podesta met Chinese counterpart Liu Zhenmin for their first formal bilateral meetings on May 8 and 9...
CareDx Shares Rise After Q1 Results Beat Estimates
CareDx Shares Rise After Q1 Results Beat Estimates
May 10, 2024
02:26 PM EDT, 05/10/2024 (MT Newswires) -- CareDx ( CDNA ) shares were up nearly 31% in recent Friday trading, a day after the company reported its Q1 results ahead of consensus. The company reported a Q1 non-GAAP loss of $0.03 per diluted share, narrowing from a loss of $0.11 a year earlier. Analysts polled by Capital IQ expected a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved