Prologis, Inc. ( (PLD) ) has released its Q4 earnings. Here is a breakdown of the information Prologis, Inc. presented to its investors.
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Prologis, Inc., a global leader in logistics real estate, operates in high-barrier, high-growth markets, leasing modern logistics facilities to a diverse customer base in business-to-business and retail/online fulfillment sectors across 20 countries. The company reported strong financial results for the fourth quarter and full year 2024, with a significant increase in net earnings per diluted share by 101.5% in the fourth quarter. This growth was attributed to higher gains and promotes, as well as a notable uptick in leasing activity post-election. For the full year, net earnings per diluted share increased by 21.9%, reflecting robust operational performance.