NYSE:PLDIndustrial REITs
Do Analyst Upgrades Before Earnings Change The Bull Case For Prologis’ Growth-First Strategy (PLD)?
In recent days, Prologis has drawn attention as brokers upgraded their ratings and reaffirmed an overall “Outperform” consensus ahead of its latest earnings report, which is expected to show earnings per share of US$1.44 and revenue of US$2.10 billion compared with the prior year’s quarter.
This combination of more cautious earnings expectations alongside projected revenue growth has sharpened focus on how the company is balancing profitability with expansion in its logistics real estate...