Earnings Alerts

Prologis Inc (PLD) Earnings: 2Q Net Income Surpasses Estimates with MXN1.03 Billion

  • Net Income: Fibra Prologis reported a net income of MXN1.03 billion, surpassing the estimate of MXN943 million.
  • Revenue: The company’s revenue was MXN1.51 billion, slightly below the estimated MXN1.52 billion.
  • Market Sentiment: The stock has received 8 buy ratings, 3 hold ratings, and 1 sell rating from analysts.
  • Upcoming Conference Call: Management will discuss the results during a call at 9 a.m. Mexico City time on July 18.

A look at Prologis Inc Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Prologis Inc, a key player in the industrial real estate sector with a global presence across the Americas, Europe, and Asia, has garnered positive Smartkarma Smart Scores in several key areas. The company’s strong outlook in dividends and growth, with respective scores of 4, reflects a solid financial performance and potential for future expansion. Moreover, Prologis Inc‘s resilience score of 3 underscores its ability to weather market challenges and maintain stability over the long term. While the company’s value and momentum scores are equally solid at 3, indicating a balanced position in terms of market value and performance.

In summary, Prologis Inc stands out as a reputable owner, operator, and developer of industrial real estate, providing modern distribution facilities to a diverse range of customers globally. With favorable Smartkarma Smart Scores in key areas such as dividends, growth, and resilience, the company appears well-positioned for sustained success in the competitive real estate market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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