ProLogis Q1 Earnings Rise 64%

(RTTNews) - ProLogis (PLD) released a profit for its first quarter that rose from last year.

The company said its bottom line came in at $346 million, or $0.64 per share. This was higher than $211 million, or $0.41 per share, in last year's first quarter.

The company said revenue for the quarter rose 30.9% to $606 million. This was up from $463 million last year.

ProLogis earnings at a glance:

-Earnings (Q1): $346 Mln. vs. $211 Mln. last year. -Earnings Growth (Y-o-Y): 64.0% -EPS (Q1): $0.64 vs. $0.41 last year. -EPS Growth (Y-o-Y): 56.1% -Revenue (Q1): $606 Mln vs. $463 Mln last year. -Revenue Change (Y-o-Y): 30.9%

-Guidance: Full year EPS guidance: $2.40 - $2.50