FMP
Jan 19, 2023 9:02 PM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
Image credit: FMP
Prologis (NYSE:PLD) reported its Q4 results, with EPS coming in at $0.63, compared to the Street estimate of $0.61. Revenue was $1.75 billion, beating the Street estimate of $1.42 billion.
According to the analysts at Deutsche Bank, the company delivered a high-quality beat as strong occupancy, rent growth and balance sheet position the company to deliver outsized relative trading performance in 2023.
Industrial REITs are set to re-establish their favored investor status as analysts expect the company’s strong fundamentals to outshine concerns over the likely Global economic slowdown. Although Industrial REITs are not immune to slowing or negative GDP growth, the analysts contend that the strong demand for the company’s last mile (and low vacancy) assets are highly coveted by their tenant base, thus any vacancy is likely to be relet briskly.
Jul 10, 2024 2:34 AM - Parth Sanghvi
Capital budgeting is a critical financial process that companies use to evaluate and select long-term investments or projects. It involves assessing potential expenditures and determining their profitability to ensure that resources are allocated effectively. This comprehensive guide covers essentia...
Aug 7, 2024 3:53 AM - Parth Sanghvi
Interest rates play a crucial role in the economy and financial markets, influencing everything from consumer behavior to investment decisions. Understanding their impact is essential for making informed financial and investment decisions. This comprehensive analysis delves into how interest rates a...
Sep 10, 2024 7:33 AM - Parth Sanghvi
When it comes to downloading historical stock data, Yahoo Finance has been a popular choice for many. However, for those looking for more comprehensive, accurate, and flexible options, Financial Modeling Prep (FMP) offers a suite of powerful tools and services that stand out as superior alternatives...