Prologis Inc. (PLD)
Prologis' Q3 FFO Beat Estimates, Rental Revenues Improve Y/Y
PLD's Q3 FFO beat estimates, benefiting from a rise in rental revenues and healthy leasing activity. However, high interest expenses are a concern.
Industrial Real Estate Giant Prologis Tops Estimates, Gives Solid Guidance
Shares of Prologis (PLD) advanced Wednesday when the largest industrial real estate firm posted better-than-anticipated results and solid guidance on strong funds from operations (FFO).
Prologis (PLD) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Prologis (PLD) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Prologis (PLD) Q3 FFO Beat Estimates
Prologis (PLD) came out with quarterly funds from operations (FFO) of $1.43 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to FFO of $1.30 per share a year ago.
Earnings Exchange: United Airlines, JB Hunt, & Prologis
Jeff Kilburg, CEO of KKM Financial, joins CNBC's 'The Exchange' to discuss three stocks: United Airlines, JB Hunt, and Prologis.
Key Factors Likely to Impact Prologis This Earnings Season
While PLD Q3 earnings are likely to have gained from its premium facilities and expansion efforts, high supply and high interest expenses might have hurt it.
Prologis: Despite Temporary Headwinds, Shares Likely To Perform Well Long Term
Prologis is more than a simple REIT, boasting competitive advantages, a strong balance sheet, and global scale, deserving a premium valuation. Despite temporary headwinds like higher interest rates and excess warehouse supply, Prologis maintains high occupancy and strong rent changes. Growth opportunities include developing data centers and energy services, with significant potential in solar, storage, and EV charging.
What Analyst Projections for Key Metrics Reveal About Prologis (PLD) Q3 Earnings
Besides Wall Street's top -and-bottom-line estimates for Prologis (PLD), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
Prologis (PLD) Stock Sinks As Market Gains: Here's Why
Prologis (PLD) closed the most recent trading day at $119.34, moving -0.55% from the previous trading session.
Prologis (PLD) Declines More Than Market: Some Information for Investors
The latest trading day saw Prologis (PLD) settling at $124.61, representing a -1.32% change from its previous close.
Prologis: Pivoting To AI Data Centers In A Profitable Way
Prologis is pivoting to AI infrastructure by investing in data centers, aiming to diversify its industrial REIT portfolio and capitalize on higher-margin opportunities. The partnership with Skybox Datacenters and a $7.5 billion investment plan target significant growth, leveraging Prologis' vast real estate and clean energy expertise. Data center investments could potentially rake 50% to 100% margin gains and better FFO, despite higher initial Capex compared to warehouses.
Prologis Remains My Go-To Industrial REIT - 3 Updates
Prologis, the largest industrial REIT globally, faces a tough market with slow tenant decision-making and oversupply, impacting rent growth and occupancy rates. Despite a decrease in occupancy to 96.4% in Q2 2024, Prologis' performance aligns with management's cautious market outlook. Management expects further market challenges, including potential occupancy declines and continued rent drops, indicating the market hasn't peaked in harsh conditions yet.
