Prologis Reports Second Quarter 2022 Earnings Results

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ProLogis (PLD) PT Raised to $147 at Jefferies; Sees 'Appealing Entry Point'

July 19, 2022 8:02 AM EDT

Jefferies analyst Jonathan Petersen raised the price target on ProLogis (NYSE: PLD) to $147.00 (from $146.00) while maintaining a Buy rating following solid results. The analyst sees an appealing entry point for what it calls a "Defensive
Growth REIT."

The analyst commented,... More

Prologis (PLD) Tops Q2 EPS by 17c

July 18, 2022 8:04 AM EDT

Prologis (NYSE: PLD) reported Q2 EPS of $0.82, $0.17 better than the analyst estimate of $0.65. Revenue for the quarter came in at $1.25 billion versus the consensus estimate of $1.11 billion.

Core funds from operations (Core FFO)* per diluted share was $1.11 for the quarter compared with... More