💨 Abstract

Prologis Inc., a San Francisco-based real estate investment trust, reported first-quarter results surpassing Wall Street expectations. The company recorded funds from operations of $1.36 billion, or $1.42 per share, compared to the expected $1.38 per share. Prologis had net income of $591.5 million, or 63 cents per share, and revenue of $2.14 billion.

Courtesy: wtop.com

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