ProLogis 2Q Earnings Pregame Scorecard
After hitting analysts' expectations last quarter, ProLogis (NYSE:PLD) will report its latest earnings on Thursday, July 26, 2012.
Expectations
Analysts currently expect ProLogis to come in with earnings of 42 cents per share on revenues of $221.1 million. Estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved up from 41 cents.
Stock Movement
The stock fell $2.17 per share between May 16, 2012 and May 18, 2012. Looking at change over the last three months, April 25, 2012 and July 20, 2012, the stock price fell $2.57 (-7.4%), from $34.68 to $32.11.
Company Fundamental Trends
Stock Ratings
Analysts are bullish on the stock as seven analysts rate it as a buy and there are no sell ratings. That rating hasn't budged in three months as the average analyst rating of the stock has remained steadfast.
Last Quarter's Results
In the first quarter, profit rose 1656.1% to $213 million (44 cents a share) from $12.1 million (5 cents a share) the year earlier, meeting analyst expectations. Revenue rose more than fourfold to $765.6 million from $174.8 million.
Summary
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012 before market open
EPS: 42 cents
Revenue Estimate: $221.1 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)