HOME ZACKS RESEARCH FUNDS PORTFOLIO BROKER RESEARCH MARKETS SCREENING VIDEO EDUCATION SERVICES
Quote:
Login Free Membership
Search:

Tale of the Tape  

PLD Lowers FFO; Shares Down

Share
September 18, 2008 |Comments: 0
Recommended this article (0)
PLD

Shares of ProLogis (PLD) are down approximately 4.5% Thursday afternoon, a day after the distribution facilities company pulled back on its 2008 funds from operations guidance. The company now expects between $4 and $4.35, instead of the previous outlook of $4.65 to $4.85.

The company was also downgraded by a couple brokerage firms today.

PLD also established a FFO guidance for 2009, which was below Wall Street expectations, and raised its annual dividend.

The company is a Zacks #4 Rank with estimates for this year and next that are lower from 2 months ago.

Read the full analyst report on PLD

 

More Zacks Resources

Market Summary Feb 10, 2012 08:10 am ET
DJIA 12890.46  0.00 0.00%
NASD 2927.23  0.00 0.00%
S&P 500 1351.95  0.00 0.00%
Partner Center