8-K/AEarnings & Results

Prologis, Inc. 8-K/A Report, Financial Results (Apr 17, 2008)

Filed April 17, 2008For Securities:PLDPLDGP

Summary

This 8-K/A filing from AMB Property Corporation (formerly Prologis, Inc., though the filing uses the former name) is an amendment to a previously filed Form 8-K. The primary purpose of this amendment is to correct the company's Full Year 2008 Earnings Per Share (EPS) guidance. The company is adjusting its 2008 EPS guidance downwards to a range of $2.70 to $2.90 per share. This adjustment comes while confirming its previously issued Full Year 2008 Funds From Operations (FFO) guidance of $3.85 to $4.05 per share.

Key Highlights

  • 1Amendment to a previously filed Form 8-K regarding Q1 2008 results.
  • 2Correction to the 2008 Full Year Earnings Per Share (EPS) guidance.
  • 3Revised 2008 EPS guidance is set between $2.70 and $2.90 per share.
  • 4Full Year 2008 Funds From Operations (FFO) guidance remains unchanged at $3.85 to $4.05 per share.
  • 5The company confirms its previous FFO guidance.
  • 6The filing indicates that the previous EPS guidance contained incorrect information.

Frequently Asked Questions

This amendment is filed to correct the company's previously issued guidance for Full Year 2008 Earnings Per Share (EPS). The original guidance was found to contain incorrect information.

AMB Property Corporation is adjusting its Full Year 2008 EPS guidance to a range of $2.70 to $2.90 per share.

No, the company confirms its previous Full Year 2008 Funds From Operations (FFO) guidance of $3.85 to $4.05 per share. Only the EPS guidance has been adjusted.

The filing is from AMB Property Corporation, which was the registrant at the time. Prologis, Inc. (PLD) is mentioned in the prompt, indicating a potential name change or relationship, but AMB Property Corporation is the entity filing this specific amendment.