Prologis Earnings beat, Revenue misses In Q2

  • Investing.com
Prologis Earnings beat, Revenue misses In Q2

Investing.com - Prologis reported on Monday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Prologis announced earnings per share of $0.82 on revenue of $1.09B. Analysts polled by Investing.com anticipated EPS of $0.6523 on revenue of $1.11B.

Prologis shares are down 28.12% from the beginning of the year and are trading at $121.01 , down-from-52-week-high.They are under-performing the S&P 500 which is down 18.95% from the start of the year.

Prologis follows other major Real Estate sector earnings this month

Prologis's report follows an earnings missed by Castellum ADR on Friday, who reported EPS of $0.6139 on revenue of $210.38M, compared to forecasts EPS of $0.6273 on revenue of $217.88M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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