Published on 15 Jul 2022 on Zacks via Yahoo Finance
Prologis, Inc. PLD is slated to report second-quarter 2022 earnings on Jul 18 before the bell. The company’s quarterly results are likely to reflect growth in revenues and funds from operations (FFO) per share.In the last reported quarter, this industrial real estate investment trust (“REIT”) delivered a surprise of 0.93% in terms of FFO per share. Results reflected solid demand for industrial real estate, leading to low vacancies and an increase in rents.Prologis has a decent surprise history in terms of FFO per share, having beaten estimates in each of the trailing four quarters, the average beat being 1.44%. This is depicted in the graph below:
Prologis, Inc. Price and EPS Surprise
Prologis, Inc. Price and EPS Surprise