Market News AIOpen the app

Experts on Wall Street change their predictions for Prologis before the company shares its Q3 earnings.

OpinionRead the original at Benzinga
Neutral

PLD is expected to report lower profit per share but higher sales, and analysts give mixed views. Its earlier share sale adds another consideration, so this story does not show a clear change in the company's outlook.

PLD · Prologis, Inc.

AI read · Neutral

The AI's read

The estimates point in different directions: profit per share is expected to fall, but sales are expected to grow. Analyst calls also vary, with upgrades and higher price targets alongside unchanged ratings. The August offering of 15 million shares adds another consideration. Together, these facts do not show a clear change in PLD's business outlook.

Get alerts for PLD

Follow Prologis, Inc. (PLD) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for PLD
Free on the App Store and Google Play, or on the web.