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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Prologis | NYSE:PLD | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 1.50 | 1.47% | 103.375 | 103.86 | 101.11 | 103.86 | 2,390,782 | 18:53:10 |
From May 2019 to May 2024
By Allison Prang
Prologis Inc. raised its outlook for profit and core funds from operations for 2020.
The company said it now expects profit to be between $2.20 and $2.24 a share. That's a bump from its old outlook of between $2.06 and $2.18 a share.
Prologis expects core funds from operations to be between $3.76 and $3.78 a share, instead of between $3.70 and $3.75 a share.
It narrowed its outlook for year-end occupancy to between 95.25% and 95.75%. It had been expecting between 95% and 96%.
Prologis also increased its guidance for general and administrative expenses. It now expects those to be between $280 million and $285 million. It was expecting between $265 million and $275 million.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
October 20, 2020 08:43 ET (12:43 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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