Prologis Earnings, Revenue miss In Q4

  • Investing.com
Prologis Earnings, Revenue miss In Q4

Investing.com - Prologis reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Prologis announced earnings per share of $0.38 on revenue of $991M. Analysts polled by Investing.com anticipated EPS of $0.3895 on revenue of $991.89M.

Prologis shares are up 3.05% from the beginning of the year and are trading at $102.70 , down-from-52-week-high.They are broadly in line with the S&P 500 which is up 2.64% from the start of the year.

Prologis follows other major Services sector earnings this month

Prologis's report follows an earnings missed by Netflix on Tuesday, January 19, 2021, who reported EPS of $1.19 on revenue of $6.64B, compared to forecasts EPS of $1.36 on revenue of $6.62B.

Verizon had beat expectations on Tuesday with fourth quarter EPS of $1.21 on revenue of $34.70B, compared to forecast for EPS of $1.17 on revenue of $34.49B.

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

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