Prologis, Inc. $(PLD)$ has reported its financial results for the second quarter of 2025. Net earnings per diluted share decreased by 33.7% to $0.61, primarily due to lower gains and unrealized foreign exchange impacts. In contrast, Core Funds from Operations (Core FFO) per diluted share saw an increase of 9.0%, reaching $1.46. When excluding Net Promote Income (Expense), Core FFO per diluted share was $1.47, marking an 8.1% rise. Prologis CEO, Hamid R. Moghadam, noted the company's strong operational execution and customer engagement as key factors contributing to the quarter's performance. The earnings guidance also includes potential gains from real estate transactions but excludes any future or potential foreign currency or derivative gains or losses, with guidance assuming constant foreign currency rates. The company continues to focus on its core lines of business: real estate operations, strategic capital, and development.
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