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Actionable news in PLD: PROLOGIS Inc,

How Will Prologis (PLD) Stock React to Q1 Beat?

NEW YORK (TheStreet) -- Prologis (PLD - Get Report) reported better-than-expected results for the 2016 first quarter before Tuesday's market open.

The San Francisco-based real estate investment trust posted core funds from operations of 61 cents per diluted share, topping analysts' expectations of 59 cents per share.

Funds from operations is a key metric in the REIT industry, which takes net income and adds back items such as depreciation and amortization.

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