Earnings Preview: ProLogis EPS, Revenue Expected to Rise from Previous Quarter

Now's the time to start prepping for ProLogis

PLD

! Don't be caught off-guard: The company releases its next round of earnings this Monday, July 18, 2011.

Wondering what to expect from ProLogis' lastest earnings numbers? We thought so. Here's an advanced look at the company's second quarter earnings report.

Let's Do the Numbers:

Wall Street expects a positive EPS reading of 32 cents per share and revenues of $221.1 million. We'll know on Monday whether ProLogis has managed the estimated 103% increase in EPS and 96% rise in revenues on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q1	Q4	Q3	Q2
EPS Estimate	32 cents	32 cents	30 cents	30 cents
EPS Actual	33 cents	33 cents	32 cents	30 cents

Stock Performance:

At last check, shares of ProLogis were trading at $35.67. Shares are up 14.3% year to date. For a full 12 months, the return has risen by 36.8%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for ProLogis is a Hold. The strength of this rating has declined slightly over the past three months.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of ProLogis' peers.

Dupont Fabros Tech DFT: Moderate Buy with a $0.38 recent quarter EPS
Digital Realty Trust DLR: Moderate Buy with a $1.02 recent quarter EPS
EastGroup Properties EGP: Hold with a $0.71 recent quarter EPS
Monmouth R.E. MNR: Strong Buy with a $0.16 recent quarter EPS

ProLogis is in the REIT-equity trust industry, which has experienced price/earnings growth of 2.6%.

Finally, a description of the main business areas of the company, in case you need a little refresher: ProLogis is a publicly held real estate investment trust that owns and operates primarily industrial properties in North America, Europe and Asia.

Take Action:

That's your advanced look at ProLogis' upcoming earnings numbers -- be ready to take quick action if the company's report contains any surprises. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

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