Prologis, Inc. PLD is slated to report third-quarter 2021 earnings on Oct 15, before the bell. The company’s quarterly results will likely highlight growth in revenues as well as funds from operations (FFO) per share.
In the last reported quarter, this industrial real estate investment trust (REIT) delivered a surprise of 2.02% in terms of FFO per share. The better-than-expected performance was driven by all-time low vacancies in its markets that aided rent growth and valuation increases.
Over the preceding four quarters, Prologis surpassed the FFO per share estimates on each occasion, the average beat being 2.69%.
Fundamental data is very good,hold and long!$Prologis(PLD)$
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