Prologis, Inc. (NYSE:PLD) is set to announce second quarter earning results on Tuesday 21st July 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, PLD to report 2Q20 income of $ 0.46 per share.
For the full year, analysts anticipate top line of $ 3643.45 million, while looking forward to income of $ 1.91 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 3.55 ~ $ 3.65 per share
Click Here For More Historical Outlooks Of Prologis, Inc.
Previous Quarter Performance
Prologis, Inc. unveiled income for the first quarter of $ 0.83 per share, from the revenue of $ 878.81 million. The quarterly earnings elevated 56.60 percent while revenues escalated 24.99 percent compared with the same quarter last year.
According to street consensus, PLD was expected to report 1Q20 income of $ 0.30 per share from revenue of $ 791.07 million. The bottom line results beat street analysts by $ 0.53 or 176.67 percent, at the same time, top line results outshined analysts by $ 87.74 million or 11.09 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Prologis, Inc.
Stock Performance
According to the previous trading day, closing price of PLD was $ 94.73, representing a 58.36 % increase from the 52 week low of $ 59.82 and a 5.07 % decrease over the 52 week high of $ 99.79.
The company has a market capital of $ 69.97 billion and is part of the Real Estate sector and REIT – Industrial industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.58 per share on April 29, 2020. The dividend were payable on June 30, 2020 to holders of record as of the close of business on June 16, 2020 and ex-dividend date on June 15, 2020.
Conference Call
Prologis, Inc. will be hosting a conference call at 12:00 PM eastern time on 21st July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.prologis.com
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of March 31, 2019, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 772 million square feet (72 million square meters) in 19 countries.
