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0.000765217391304443 0.00111304347826085 0.00159999999999993 -0.000626086956521565 0.000486956521739083 -0.00125217391304353 -0.000104347826086862 0.000591304347826142
Stock impact report

Prologis reports record logistics lease signings in Q1 [Yahoo! Finance]

Prologis, Inc. (PLD) 
Last prologis, inc. earnings: 4/21 08:00 am Check Earnings Report
US:NYSE Investor Relations: ir.prologis.com
Company Research Source: Yahoo! Finance
Prologis ( NYSE: PLD ) reported first-quarter consolidated revenue of $2.3 billion on Thursday before the market opened. The result was 7% higher year over year and better than a $2.12 billion consensus estimate. Core funds from operations (FFO) of $1.50 per share were 8 cents higher y/y and 1 cent ahead of expectations. Table: Prologis' key performance indicators Prologis reported positive inflections in most trends across its industrial facility portfolio. Total new leases commenced increased 3% y/y to 66.7 million square feet. Average occupancy improved 40 basis points y/y to 95.3%, which was in line with the fourth quarter. The San Francisco-based real estate investment trust also upped its 2026 guidance. Core FFO is now forecast to a range of $6.07 to $6.23 per share, a 1% increase at the midpoint. The guide assumes average occupancy of 95% to 95.75% (25 bps higher at the low end of the range) and development starts between $3.5 billion and $4.5 billion (a $500-million Show less Read more
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