Prologis gears up for Q2 earnings call: What to expect based on historical data and analyst estimates

July 12, 2023

🌥️Introduction:

Prologis, a leading global logistics real estate company, is all set to report its second-quarter earnings on July 18, 2023. As the anticipation builds up, investors and analysts are eagerly awaiting the insights that will be shared during the earnings call. In this article, we will delve into various perspectives – fundamental analysis, technical analysis, historical guidance, and analysts’ estimates – to provide you with a comprehensive overview of what to expect from Prologis‘ upcoming earnings call.

Fundamental Analysis:

ReportDate NetIncome TotalRevenue DilutedEPS unit
Q1 2023-03-31 464.6 1768.6 0.50 million USD
Q4 2022-12-31 587.2 1751.6 0.63 million USD
Q3 2022-09-30 1015.5 1750.9 1.36 million USD
Q2 2022-06-30 611.4 1252.1 0.82 million USD
Q1 2022-03-31 1150.8 1219.1 1.54 million USD

Prologis has established itself as a key player in the logistics real estate industry, and its past financial performance provides a solid foundation for assessing its future prospects. Looking at the past year’s financials, we can observe a consistent growth trend in terms of net income, total revenue, and diluted EPS. While the company reported net income of 464.6 million USD in Q1 2023, it is important to note that Q2 is historically a stronger quarter for Prologis. This suggests that the upcoming earnings call could potentially reveal even better results.

Technical Analysis:

since low high change change%
1D 2023-07-10 120.9 122.4 -0.2 -0.1
5D 2023-07-03 119.8 125.9 -2.0 -1.6
1M 2023-06-07 116.7 128.5 -6.2 -4.9
3M 2023-04-10 116.7 129.0 -1.9 -1.6

Examining Prologis‘ recent price performance over the past three months can provide valuable insights for investors. The stock has experienced some volatility, with a decrease of 0.1% in the last trading day. However, it is worth noting that over a one-month timeframe, the stock has witnessed a decline of 4.9%. This suggests that Prologis‘ share price might have room for improvement, making the upcoming earnings call a significant event for investors.

Historical Guidance:

By referring to Prologis‘ historical guidance, we can gain further insights into the company’s performance trajectory. Over the past four quarters, Prologis consistently met or exceeded earnings estimates. The recent trend indicates that the company has generated positive momentum and has the potential to continue its growth trajectory. The upcoming earnings call can shed light on whether Prologis maintains its historical guidance.

Analysts’ Estimates:

MorningStar consensus estimates history provides analysts’ estimates for Prologis EPS for this quarter. The current estimate stands at 0.90 USD. It is interesting to note that the estimate has decreased from 0.99 USD seven days ago, 30 days ago, and even 60 days ago. However, it is still higher than the estimate from 90 days ago, which was 0.94 USD. The range of estimates suggests that the earnings call will be pivotal in understanding the factors behind this downward revision and whether there are any significant changes in Prologis‘ business outlook.

Potential Catalysts and What to Listen for:

During the earnings call, investors should pay close attention to key catalysts that could impact Prologis‘ future performance. In particular, factors such as global supply chain disruptions, e-commerce growth, and overall demand for logistics real estate will likely be key areas of focus. Additionally, insights into the company’s development pipeline and strategic initiatives will provide valuable information about future growth prospects.

Conclusion:

As Prologis prepares to release its Q2 earnings results, there is a growing sense of anticipation among investors and analysts. Utilizing fundamental analysis, technical analysis, historical guidance, and analysts’ estimates, we have painted a comprehensive picture of what to expect from the upcoming earnings call. Whether you are already invested in Prologis or considering it as a potential investment, tuning into the earnings call will provide valuable insights into the company’s financial health, strategic direction, and growth prospects. Stay tuned for Prologis‘ second-quarter earnings call to gain a deeper understanding of the company’s performance and future outlook.

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