San Francisco, California-based Prologis, Inc. (PLD) is the global leader in logistics real estate, focusing on high-barrier, high-growth markets. With a market cap of $97.9 billion, Prologis leases modern logistics facilities to a diverse base of customers, principally across business-to-business and retail/online fulfillment categories. The real estate giant is expected to release its Q4 earnings before the market opens on Tuesday, Jan. 21.
Ahead of the event, analysts expect Prologis to report core funds from operations (FFO) of $1.38 per share, up 9.5% from $1.26 per share reported in the year-ago quarter. Furthermore, the company has consistently surpassed or matched Wall Street’s bottom-line estimates in each of the past four quarters. Its core FFO per share of $1.43 for the last reported quarter surpassed analysts’ estimates by 4.4%.
