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EastGroup Properties Announces First Quarter 2021 Results


EastGroup Properties Announces First Quarter 2021 Results
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First Quarter 2021 Results
Net Income Attributable to Common Stockholders of $0.69 Per Diluted Share for First Quarter 2021 Compared to $0.60 Per Diluted Share for First Quarter 2020
Funds from Operations of $1.45 Per Share for First Quarter 2021 Compared to $1.31 Per Share for First Quarter 2020, an Increase of 10.7%
Same Property Net Operating Income for the Same Property Pool Excluding Income From Lease Terminations Increased 5.9% on a Cash Basis and 6.3% on a Straight-Line Basis for First Quarter 2021 Compared to the Same Period in 2020
98.3% Leased and
% Occupied as of March 31, 2021; Average Occupancy of 97.0% for First Quarter 2021 ....

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Prologis Reports First Quarter 2021 Earnings Results


Prologis Reports First Quarter 2021 Earnings Results
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SAN FRANCISCO, April 19, 2021 /PRNewswire/ Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, reported results for the first quarter of 2021.
Net earnings per diluted share was $0.49 for the quarter compared with $0.70 for the first quarter of 2020; the decrease was driven by debt extinguishment costs of $187 million. Core funds from operations per diluted share was $0.97 for the quarter compared with $0.83 for the same period in 2020.
The robust demand from the fourth quarter has carried into 2021 and is as strong as I have seen in my career, said Hamid R. Moghadam, chairman and CEO, Prologis. Global supply chains are pushing to keep pace with accelerating economic activity, retooling for faster fulfillment and resilience. With our well-positioned portfolio, differentiated customer offerings and abundant investment capaci ....

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