Filed Under: ,
Tickers in this Article: PLD
When ProLogis (NYSE:PLD) releases its second quarter earnings on Thursday, July 26, 2012, it is expected to report earnings that are up 20% from a year ago. The consensus estimate is 42 cents per share, up from earnings of 35 cents per share a year ago.

Investors care about earnings because they drive stock prices. Strong earnings generally result in the stock price moving up and vice versa. SEE: 5 Tricks Companies Use During Earnings Season

What to Expect: After rising from 41 cents three months ago, the consensus estimate has remained unchanged in the last month. For the fiscal year, analysts are projecting earnings of $1.68 per share.

Revenue for the quarter is expected to be $221.1 million, short of last year's reported figure of $444.9 million by 50.3%. Revenue for the fiscal year is expected to come in at $901.4 million.

Company Performance: Revenue increases have been in the double digits for the past four quarters. It has risen by an average of more than threefold, with the biggest increase of more than fourfold coming in the most recent quarter.

A company's price/earnings ratio (P/E ratio) provides a measure of how expensive or cheap a stock is. From the investor's perspective, a stock with a lower ratio is relatively cheaper than a stock with a higher ratio. SEE: Investment Valuation Ratios: Price/Earnings Ratio

The stock price has fallen 7.4% since April 25, 2012, from $34.68 to $32.11. May 16, 2012 to May 18, 2012 marked one of ProLogis' worst periods, as the share price fell $2.17.

comments powered by Disqus

Trading Center