Prologis Guides FY21 EPS Well Above Estimates - Quick Facts

(RTTNews) - While reporting its financial results for the fourth quarter on Tuesday, Prologis Inc. (PLD) initiated its net earnings and core funds from operations outlook for the full-year 2021, well above analysts' expectations..

For fiscal 2021, the company now forecasts net earnings in a range of $2.36 to $2.52 per share, core funds from operation or core FFO in a range of $3.88 to $3.98 per share and core FFO, excluding net promote expense, in a range of $3.90 to $4.00 per share.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.54 per share for the year. Analysts' estimates typically exclude special items.