Prologis (NYSE: PLD) is scheduled to reveal its financial results for the third quarter on Wednesday 16th October 2024. This disclosure will take place before market open, providing investors with significant information regarding the company's performance in the last three months period.
According to the predictions of financial experts on Wall Street, the enterprise is expected to announce an anticipated $0.63 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $1.95 billion for the period.
When examining the corresponding quarter from the previous year, the company's earnings report highlighted a per-share income of $1.3. This results was derived from the company's total revenue, which reached an impressive $1.78 billion during same quarter.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $7.85 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $3.15 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.34 | -26.8% | 1.85 B | +12.2% |
| Q1 2024 | $1.28 | +4.9% | 1.83 B | +11.9% |
| Q4 2023 | $1.26 | +1.6% | 1.76 B | +10.4% |
| Q3 2023 | $1.30 | -24.9% | 1.78 B | +54.3% |
| Q2 2023 | $1.83 | +64.9% | 1.65 B | +50.7% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 16th October 2024 at 12:00 PM eastern time, in a conference call with public.
The previous trading day saw Prologis (PLD) shares trading between $119.50 and $120.97, besides a volume of 1.98 million shares. The stock closed Monday's regular trading session at $120.46, indicating 0.18 percent gain.
