Shares of real estate investment trust Prologis Inc. (NYSE:PLD) are rising after the company’s fourth-quarter FY24 earnings results. The company reported fourth-quarter rental and other revenue growth of 10.3% year-on-year to $1.937 billion, missing the analyst consensus estimate of $1.956 billion. Core FFO of $1.50 beat the analyst consensus estimate of $1.39. Owned & Managed Average Occupancy ...Full story available on Benzinga.com

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Prologis Reports Fourth Quarter and Full Year 2024 Results - Prologis (NYSE:PLD)

Strong uptick in leasing activity post-election SAN FRANCISCO, Jan. 21, 2025 /PRNewswire/ -- Prologis, Inc. (NYSE:PLD), the global leader in logistics real estate, today announced the following results for the quarter and fiscal year ended December 31, 2024, as compared to the corresponding periods in 2023: 4Q24  
Net earnings per diluted share was $1.37 and increased 101.5%, due to higher gains and promotes. Core funds from operations (Core FFO…

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Prologis, Inc. (NYSE:PLD) Q4 2024 Earnings Conference Call January 21, 2025 12:00 PM ETCompany ParticipantsJustin Meng - Senior Vice President and Head of...

Seeking Alpha

Prologis, Inc. (PLD) Q4 2024 Earnings Call Transcript

Real estate investment trust (REIT) Prologis beat Wall Street expectations for fourth-quarter core funds from operations (FFO), helped by improving demand for its warehousing spaces and sale of a data center.

BizToc

Prologis beats core FFO estimates on improving warehouse demand

(Reuters) – Real estate investment trust (REIT) Prologis (NYSE:PLD) beat Wall Street expectations for fourth-quarter core funds from operations (FFO), helped by improving demand for its warehousing spaces and sale of a data center. Shares of the warehouse-focused REIT were up 3.3% in morning trade. Potential stocking activity by importers owing to the threat of new tariffs by the Trump administration has aided the demand for storage spaces acros…

Investing Business Daily

Investing Business Daily | Prologis beats core FFO estimates on improving warehouse demand

The largest owner of industrial space in the U.S. reported strong fourth-quarter earnings to close out 2024, despite a challenging year for the industrial market.  On Tuesday, San Francisco-based Prologis reported core funds from operations (FFO) increased 19 percent in the fourth quarter and net earnings per diluted share reached $4.01, an increase of 22 percent in fiscal year 2024. Prologis’ core FFO increased 8.4 percent in 2024, which placed…

Commercial Observer

Prologis Reports Strong Cash Flow, Occupancy, Leasing Metrics in Q4

The November election of Donald Trump spurred a spike in industrial leasing that drove profits for the world's largest industrial landlord, setting it up for continued growth in 2025.
San Francisco-based Prologis more than doubled its net earnings in the fourth quarter over the previous year, going from $629M, or 68 cents per share, at the end of 2023 to nearly $1.3B, or $1.37 per share, at the end of last year. Core funds from operations also i…

Bisnow

Prologis' Earnings Double, Fueled By Postelection Leasing Bump

Gilman Hill Asset Management LLC trimmed its position in shares of Prologis, Inc. (NYSE:PLD – Free Report) by 20.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,625 shares of the real estate investment trust’s stock after selling 1,160 shares during […]

Prologis Q4 Earnings: FFO Beat, Operating Income Surge And More - Prologis (NYSE:PLD)

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