Prologis Q3 Core FFO $1.60 Beats $1.56 Estimate, Sales $2.224B Miss $2.285B Estimate

Prologis (NYSE:PLD) reported quarterly earnings of $1.60 per share which beat the analyst consensus estimate of $1.56 by 2.56 percent. This is a 7.38 percent increase over earnings of $1.49 per share from the same period last year. The company reported quarterly sales of $2.224 billion which missed the analyst consensus estimate of $2.285 billion by 2.66 percent. This is a 7.75 percent increase over sales of $2.064 billion the same period last year.