Demand improves amid uncertain macroeconomic environmentSAN FRANCISCO, July 17, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported second quarter results for 2024.Net earnings per diluted share was $0.92 for the second quarter of 2024 compared with $1.31 for the second quarter of 2023. The results for the second quarter of 2023 include $0.58 per diluted share attributable to Net Promote Income from our Strategic Capital business, while the results for ...

Wall Street analysts expect Prologis (PLD) to post quarterly earnings of $1.33 per share in its upcoming report, which indicates a year-over-year decline of 27.3%. Revenues are expected to be $1.86 billion, up 12.3% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 0.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ahead of a co ...

olm26250Article Thesis Prologis, Inc. (NYSE:PLD) is a leading logistics real estate investment trust that is currently trading with one of the highest dividend yields in recent memory. While the valuation is not especially low, the company deserves a premium valuation thanks to its strong track record and convincing longer-term outlook. With interest rates likely declining in the coming quarters and years, Prologis could be an attractive income investment right here. Company Overview Prologis, Inc. is a ...

Prologis (PLD) closed at $116.54 in the latest trading session, marking a +1.83% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 1.02% for the day. Meanwhile, the Dow gained 1.09%, and the Nasdaq, a tech-heavy index, added 1.18%.The the stock of industrial real estate developer has risen by 2.57% in the past month, leading the Finance sector's loss of 5.14% and undershooting the S&P 500's gain of 4.44%.Investors will be eagerly watching for the performance of Prologis in ...

MEXICO CITY, July 10, 2024 /PRNewswire/ -- FIBRA Prologis (BMV: FIBRAPL14), a leading owner and operator of Class-A industrial real estate in Mexico, has acquired one building from Prologis located in Reynosa for a purchase price of US$26.9 million, including closing costs. The facility is fully leased in dollars to a current Prologis customer who is now expanding its operations into Mexico."We are on track to meet this year's acquisition guidance. This acquisition, which is part of Prologis' pipeline and w ...

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SAN FRANCISCO, June 27, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, will host a webcast and conference call with senior management to discuss second quarter results, current market conditions and future outlook on Wednesday, July 17, 2024, at 9:00 a.m. PT/12:00 p.m. ET. To access a live broadcast of the call, please dial +1 (877) 897-2615 (toll-free from the United States and Canada) or +1 (201) 689-8514 (from all other countries). A live webcast can be acces ...

The most recent trading session ended with Prologis (PLD) standing at $109.83, reflecting a -1.61% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 0.09%. Elsewhere, the Dow lost 0.1%, while the tech-heavy Nasdaq added 0.16%. Shares of the industrial real estate developer witnessed a gain of 6.57% over the previous month, beating the performance of the Finance sector with its gain of 0.26% and the S&P 500's gain of 2.83%. Investors will be eagerl ...

MEXICO CITY, June 24, 2024 /PRNewswire/ -- FIBRA Prologis (BMV: FIBRAPL 14), a leading owner and operator of Class-A logistics real estate in Mexico, will host a webcast and conference call with senior management to discuss second quarter results, current market conditions and future outlook on Thursday, July 18, at 9:00 a.m. Mexico Time. To access a live broadcast of the call, dial +1 888 596 4144 (toll-free from the United States and Canada), 800 269 4416 (toll-free from Mexico) or +1 646 968 2525 from al ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Prologis (PLD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Prologis currently has an averag ...