Prologis Inc. (PLD) reported that its first-quarter net earnings attributable to stockholders increased to $265.42 million or $0.57 per share, from $202.41 million or $0.44 per share, last year.
Total revenues increased to $490.62 million from $479.43 million last year. Core funds from operations per share was $0.40, flat with last year.
Prologis maintained its full-year 2013 core FFO guidance range of $1.60 to $1.70 per share. The company also expects to recognize net earnings, for GAAP purposes, of $0.55 to $0.65 per share.
For comments and feedback: editorial@rttnews.com