Prologis, Inc. (PLD) - Get Report is expected to report adjusted net income of $292.8 million, or 53 cents a share, on sales of $715.9 million before the market opens on Tuesday, based on a FactSet survey of 7 analysts.
In the same period a year ago, the company posted earnings of 62 cents a share on sales of $609 million. It reported net income of $336.1 million.
The stock has risen 7.4% since the company last reported earnings on Jul. 15.
Quarterly estimates have risen less than 1 cent a share in the past month.
In the upcoming quarter analysts are forecasting adjusted net income of $251.4 million, or 46 cents a share, on sales of $731.5 million.
Prologis is currently trading at a price-to-forward-earnings ratio of 47 based on the 12-month estimates of 7 analysts surveyed by FactSet.
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