BUZZ-Prologis rises after Q4 revenue beats estimates

Reuters
01/21
BUZZ-Prologis rises after Q4 revenue beats estimates

** Shares of warehouse-focused real estate investment trust Prologis PLD.N rise 1.3% at $132.5 premarket

** PLD beats Q4 revenue estimates, helped by resilient demand for its storage facilities

** Posts Q4 revenue of $2.25 billion, above analysts' avg. estimate of $2.15 bln

** Reports Q4 core funds from operations (FFO) of $1.44 per share, in line with analysts' estimates

** Expects FY core FFO to be between $6 and $6.20 per share, mid-point of which is marginally below analysts' estimates of $6.13 per share - data compiled by LSEG

** PLD gained 20.8% in 2025

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

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