Prologis Revises FY23 Core FFO Guidance To $5.56-$5.60 Up From $5.42-$5.50, And EPS Of $3.30-$3.40 Versus Prior Guidance Of $3.10-$3.25
Portfolio Pulse from Benzinga Newsdesk
Prologis has revised its FY23 core FFO guidance upwards to $5.56-$5.60 from $5.42-$5.50. The company also increased its EPS guidance to $3.30-$3.40 from the previous $3.10-$3.25.
July 18, 2023 | 12:05 pm
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Prologis has increased its FY23 core FFO and EPS guidance, indicating a positive outlook for the company's future earnings.
Prologis' upward revision of its FY23 core FFO and EPS guidance suggests that the company expects stronger financial performance in the future. This could potentially lead to a positive reaction from the market, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100