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Prologis, Inc. (NYSE:PLD ) Q2 2025 Earnings Conference Call July 16, 2025 12:00 PM ET Company Participants Abhishek Castilla - Director of Investor Relations Christopher N. Caton - Senior VP & Global Head of Research Daniel Stephen Letter - President & Director Hamid R.
Real estate investment trust (REIT) giant Prologis (PLD 1.27%) reported its Q2 2025 earnings on Wednesday, July 16, reporting core FFO of $1.46 per share and occupancy at 95.1%, exceeding internal forecasts despite muted market absorption and modestly rising vacancies. Development starts reached a record $1.1 billion in the first half of 2025, with robust build-to-suit and data center momentum, prompting management to raise core FFO guidance to $5.75–$5.85 per share for FY2025 -- up $0.45 at the midpoint -- and increase development start guidance to $2.25–$2.75 billion for 2025.
The industrial property developer is seeing growing demand for space built specifically for a particular tenant.
PLD's Q2 FFO beat estimates, benefiting from a rise in rental revenues and healthy leasing activity. However, high interest expenses are a concern.
Here's our initial take on Prologis' (PLD 2.18%) fiscal 2025 second-quarter financial report.
The headline numbers for Prologis (PLD) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Prologis (PLD) came out with quarterly funds from operations (FFO) of $1.46 per share, beating the Zacks Consensus Estimate of $1.41 per share. This compares to FFO of $1.34 per share a year ago.
Resilient performance through volatile environment SAN FRANCISCO , July 16, 2025 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD) today announced the following results for the quarter ended June 30, 2025, as compared to the corresponding period in 2024: Net earnings per diluted share was $0.61 and decreased 33.7% due to lower gains and unrealized FX. Core funds from operations (Core FFO)* per diluted share was $1.46 and increased 9.0%.
PLD is likely to extend its earnings beat streak in Q2, backed by resilient leasing and a premium logistics portfolio.
Dividend stocks can make great long-term investments. They've outperformed nonpayers by more than 2-to-1 over the past 50 years, with a 9.2% average annual return compared with 4.3%, according to data from Hartford Funds and Ned Davis Research.