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Prologis ( (PLD) ) has issued an announcement.
On January 21, 2025, Prologis, Inc. announced its financial results for the fourth quarter of 2024, highlighting significant growth in net earnings and revenues compared to the previous year. The company’s net earnings attributable to common stockholders increased to $1,277 million from $629 million in the fourth quarter of 2023. Prologis’s strategic capital revenues also saw a substantial rise, contributing to a total revenue of $2,201 million for the quarter. The announcement underscores Prologis’s robust position in the logistics real estate industry, with continued expansion and strong financial performance, benefiting its stakeholders.
More about Prologis
Prologis, Inc. is a leading global logistics real estate company, specializing in high-barrier, high-growth markets. As of December 31, 2024, the company owned or had investments in approximately 1.3 billion square feet of properties and development projects in 20 countries. Prologis leases modern logistics facilities to around 6,500 customers across business-to-business and retail/online fulfillment sectors.
YTD Price Performance: 5.01%
Average Trading Volume: 4,141,902
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $103.9B
See more data about PLD stock on TipRanks’ Stock Analysis page.
