Prologis (PLD) reported Q2 core funds from operations Wednesday of $1.46 per diluted share, up from $1.34 a year earlier.
Analysts polled by FactSet expected $1.41.
Revenue for the quarter ended June 30 was $2.18 billion, up from $2.01 billion a year earlier.
Analysts surveyed by FactSet expected $2.01 billion.
The real estate investment trust said it now expects 2025 core FFO to range from $5.75 to $5.80 per diluted share, compared with previous forecast of $5.65 to $5.81. Analysts surveyed by FactSet expect $5.72.
The company's shares were up 2.5% in recent premarket activity Wednesday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.