Prologis Reports Third Quarter 2016 Earnings Results
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BTIG Positive on Prologis (PLD) Following 'Beat-and-Raise' Quarter
October 20, 2016 11:36 AM EDTBTIG affirms Prologis (NYSE: PLD) at Buy with a price target of $60 after the company issued strong Q3 results and boosted guidance.
The firm summarized: Prologis reported 3Q16 core FFO/sh of $0.73, $0.03 higher than our estimate and the Street. The company raised... More
Prologis (PLD) Reports Q3 FFO of $0.73; Boosts FY16 FFO Outlook
October 20, 2016 8:02 AM EDTPrologis (NYSE: PLD) reported Q3 FFO of $0.73, versus $0.58 reported last year. Revenue for the quarter came in at $705 million, versus $581 million reported last year.
GUIDANCE:
Prologis sees FY2016 FFO of $2.56-$2.57, versus prior guidance of $2.52-$2.56.
For earnings history and earnings-related data on Prologis (PLD) click here.
... More