Benzinga | Oct 20, 2020 08:05AM EDT

Prologis Q3 EPS $0.40 Beats $0.32 Estimate, Sales $1.08B Beat $955.77M Estimate

Prologis (NYSE:PLD) reported quarterly earnings of $0.40 per share which beat the analyst consensus estimate of $0.32 by 25 percent. This is a 58.76 percent decrease over earnings of $0.97 per share from the same period last year. The company reported quarterly sales of $1.08 billion which beat the analyst consensus estimate of $955.77 million by 13.31 percent. This is a 52.44 percent increase over sales of $710.47 million the same period last year.