Prologis Earnings, Revenue beat In Q1

  • Investing.com
Prologis Earnings, Revenue beat In Q1

Investing.com - Prologis reported on Monday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Prologis announced earnings per share of $0.49 on revenue of $1.02B. Analysts polled by Investing.com anticipated EPS of $0.3739 on revenue of $986.59M.

Prologis shares are up 12.94% from the beginning of the year and are trading at $111.99 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.43% from the start of the year.

Prologis shares lost 0.51% in pre-market trade the report.

Prologis follows other major Services sector earnings this month

Prologis's report follows an earnings beat by Walgreens Boots on Wednesday, March 31, 2021, who reported EPS of $1.4 on revenue of $32.78B, compared to forecasts EPS of $1.1 on revenue of $36.2B.

Lululemon Athletica had beat expectations on Tuesday, March 30, 2021 with fourth quarter EPS of $2.58 on revenue of $1.73B, compared to forecast for EPS of $2.49 on revenue of $1.66B.

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

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