ProLogis Q1 Income Climbs 5%

(RTTNews) - ProLogis (PLD) announced earnings for its first quarter that climbed compared to the same period last year.

The company said its bottom line advanced to $347 million, or $0.63 per share. This was higher than $330 million, or $0.61 per share, in last year's first quarter.

The company said revenue for the quarter rose 3.8% to $629 million. This was up from $606 million last year.

ProLogis earnings at a glance:

-Earnings (Q1): $347 Mln. vs. $330 Mln. last year. -Earnings Growth (Y-o-Y): 5.2% -EPS (Q1): $0.63 vs. $0.61 last year. -EPS Growth (Y-o-Y): 3.3% -Revenue (Q1): $629 Mln vs. $606 Mln last year. -Revenue Change (Y-o-Y): 3.8%

-Guidance: Full year EPS guidance: $2.72 - $2.78