RTTNews | Jan 26, 2021 08:10AM EST

08:09 Tuesday, January 26, 2021 (RTTNews.com) - ProLogis (PLD) released earnings for fourth quarter that decreased from the same period last year.

The company's earnings came in at $280 million, or $0.38 per share. This compares with $385 million, or $0.61 per share, in last year's fourth quarter.

Excluding items, ProLogis reported adjusted earnings of $723 million or $0.95 per share for the period.

The company's revenue for the quarter rose 33.7% to $1.11 billion from $0.83 billion last year.

ProLogis earnings at a glance:

-Earnings (Q4): $723 Mln. vs. $551 Mln. last year.-EPS (Q4): $0.95 vs. $0.84 last year.-Revenue (Q4): $1.11 Bln vs. $0.83 Bln last year.

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