Prologis' Q3 FFO Beat Estimates, Rental Revenues Improve Y/Y
PLDPrologis(PLD) ZACKS·2024-10-17 02:01

Prologis, Inc. (PLD) reported third-quarter 2024 core funds from operations (FFO) per share of $1.43, outpacing the Zacks Consensus Estimate of $1.37. This compares favorably with the year-ago quarter’s figure of $1.30.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Reflecting the positive sentiments of investors, shares of the company gained more than 3% during the initial hours of today’s trading session. The quarterly results reflect a rise in rental revenues and healthy leasing ...