RTTNews | Jan 26, 2021 08:18AM EST

08:17 Tuesday, January 26, 2021 (RTTNews.com) - While reporting its financial results for the fourth quarter on Tuesday, Prologis Inc. (PLD) initiated its net earnings and core funds from operations outlook for the full-year 2021, well above analysts' expectations..

For fiscal 2021, the company now forecasts net earnings in a range of $2.36 to $2.52 per share, core funds from operation or core FFO in a range of $3.88 to $3.98 per share and core FFO, excluding net promote expense, in a range of $3.90 to $4.00 per share.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.54 per share for the year. Analysts' estimates typically exclude special items.

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