Logistics real estate investment trust Prologis Inc. (NYSE: PLD) reported core funds from operations of 95 cents per share, 3 cents ahead of consensus, for the fourth quarter on Tuesday. Full-year 2020 core FFO was $3.80 per share, almost 15% higher year-over-year and 2 cents above the high end of management’s guidance range.
“The work we have done to create the best-in-class portfolio and the most efficient cost structure in the industry is delivering exceptional financial results,” said...
https://www.freightwaves.com/news/prologis-beats-q4-consensus-guidance-ahead-of-forecasts