Jul. 16 at 3:45 PM
$PLD posts a strong earnings beat, but watch those interest expenses! 📈⚠️
Prologis reported Q2 core FFO of
$1.46, topping estimates, with rental revenues also surpassing expectations at
$2.04B. However, interest expenses jumped 20.9% on a year-over-year basis, which could weigh on future gains.
See the full earnings breakdown here 👉 https://www.zacks.com/stock/news/2586133/prologis-q2-ffo-beat-estimates-rental-revenues-rise-yy?cid=sm-stocktwits-2-2586133-body-2109&ADID=SYND_STOCKTWITS_TWEET_2_2586133_BODY_2109