Benzinga | Jul 21, 2020 07:48AM EDT

Prologis Q2 EPS $0.54 Beats $0.46 Estimate, Rental Revenues $944.37M Beat $919.87M Estimate

Prologis (NYSE:PLD) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.46 by 17.39 percent. This is a 29.87 percent decrease over earnings of $0.77 per share from the same period last year. The company reported quarterly sales of $944.37 million which beat the analyst consensus estimate of $919.87 million by 2.66 percent. This is a 34.78 percent increase over sales of $700.69 million the same period last year.