Prologis, Inc. (PLD) reported stronger-than-expected Q3 results driven by robust growth in market rents and valuations, strong demand for logistics space, and all-time low vacancies. Shares of the global industrial real estate investment trust (REIT) gained 1% on October 15 to close at $136.98. Markedly, Q3 adjusted earnings of $0.97 per share more than doubled year-over-year and significantly beat analysts’ expectations of $0.52 per share. The company reported earnings of $0.40 per share in the prior-year period. The company reported revenues of $1.18 billion, beating analysts’ expectations of $1.03 billion. Rental revenues came in at $1.04 billion, up from $984 million in the prior-year quarter.
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Grafico Azioni Prologis (NYSE:PLD)
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Da Ott 2021 a Nov 2021 Clicca qui per i Grafici di Prologis
Grafico Azioni Prologis (NYSE:PLD)
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Da Nov 2020 a Nov 2021 Clicca qui per i Grafici di Prologis