Prologis 2Q Revenue Strengthens, Revises 2025 Guidance

Dow Jones

Jul 16, 2025

By Denny Jacob

Prologis reported revenue growth above Wall Street's estimates in the second quarter and issued revised guidance for the year.

The industrial property developer logged earnings attributable to common stockholders of $571.2 million, or 61 cents a share, down from $861.3 million, or 92 cents a share, in the prior-year period.

Stripping out certain one-time items, core funds from operations came in at $1.46 a share. Analysts polled by FactSet had expected $1.41 a share.

Revenue grew to $2.18 billion from $2.01 billion. Analysts polled by FactSet had expected $2.01 billion.

President Dan Letter, who is slated to lead the company as CEO next year, said the company's leasing pipeline has reached historically high levels and that it is hearing from customers, especially larger ones, that they are planning and are increasingly ready to act.

"These trends are evident in both our leasing and build-to-suit activity," added Letter.

Prologis revised its outlook for the year. The company guided for core funds from operations to be between $5.75 a share and $5.80 a share compared with a prior forecast in the range of $5.65 a share and $5.81 a share.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

July 16, 2025 08:26 ET (12:26 GMT)

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The company guided for core funds from operations to be between $5.75 a share and $5.80 a share compared with a prior forecast in the range of $5.65 a share and $5.81 a share. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 16, 2025 08:26 ET (12:26 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PLD","symbol_name":"安博","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2551318123","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2551318123","pubTimestamp":1752668760,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Prologis reported revenue growth above Wall Street's estimates in the second quarter and issued revised guidance for the year.The industrial property developer logged earnings attributable to common stockholders of $571.2 million, or 61 cents a share, down from $861.3 million, or 92 cents a share, in the prior-year period.Stripping out certain one-time items, core funds from operations came in at $1.46 a share. Analysts polled by FactSet had expected $1.41 a share.Revenue grew to $2.18 billion from $2.01 billion. Analysts polled by FactSet had expected $2.01 billion.President Dan Letter, who is slated to lead the company as CEO next year, said the company's leasing pipeline has reached historically high levels and that it is hearing from customers, especially larger ones, that they are planning and are increasingly ready to act.\"These trends are evident in both our leasing and build-to-suit activity,\" added Letter.Prologis revised its outlook for the year. The company guided for core f","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PLD":"安博"},"translate_title":"Prologis第二季度收入增强，修订2025年指引","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PLD":1},"content_text":"By Denny Jacob \n\n\n \n\n\nPrologis reported revenue growth above Wall Street's estimates in the second quarter and issued revised guidance for the year. \n\n\n  The industrial property developer logged earnings attributable to common stockholders of $571.2 million, or 61 cents a share, down from $861.3 million, or 92 cents a share, in the prior-year period. \n\n\n  Stripping out certain one-time items, core funds from operations came in at $1.46 a share. Analysts polled by FactSet had expected $1.41 a share. \n\n\n  Revenue grew to $2.18 billion from $2.01 billion. Analysts polled by FactSet had expected $2.01 billion. \n\n\n  President Dan Letter, who is slated to lead the company as CEO next year, said the company's leasing pipeline has reached historically high levels and that it is hearing from customers, especially larger ones, that they are planning and are increasingly ready to act. \n\n\n  \"These trends are evident in both our leasing and build-to-suit activity,\" added Letter. \n\n\n  Prologis revised its outlook for the year. The company guided for core funds from operations to be between $5.75 a share and $5.80 a share compared with a prior forecast in the range of $5.65 a share and $5.81 a share. \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 16, 2025 08:26 ET (12:26 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}