ProLogis Reveals Retreat In Q1 Profit misses estimates

WASHINGTON (dpa-AFX) – ProLogis (PLD) reported earnings for first quarter that decreased from the same period last year and missed the Street estimates. The company’s bottom line came in at $463.17 million, or $0.50 per share. This compares with $1.15 billion, or $1.54 per share, in last year’s first quarter.…Read More