Prologis (PLD) reported Q2 core funds from operations Thursday of $1.63 per diluted share, compared with $1.46 a year earlier.

Analysts surveyed by FactSet expected $1.55.

Revenue for the quarter ended June 30 was $2.43 billion, compared with $2.18 billion a year earlier.

Analysts expected $2.16 billion.

The company said it now expects 2026 core FFO per share in the range of $6.22 to $6.30, compared with $6.12 to $6.28 previously. Analysts expect $6.18.