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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Gains on dispositions of development properties and land, net

Gains on other dispositions of investments in real estate, net

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Prologis

Prologis, Inc. engages in the provision of real estate investment trust services. It operates through Real Estate Operations and Strategic Capital segments. The Real Estate Operations segment represents the ownership and development of logistics properties and also includes rental revenues, recoveries and expenses recognized from its consolidated properties. The Strategic Capital segment represents the management of co-investment ventures and other unconsolidated entities. The company was founded by Hamid R. Moghadam in 1991 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q4 2023

Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Prologis exceeds Q4 forecasts, eyes rent growth and development opportunities

Prologis reported outstanding Q4 2022 earnings, with strong leasing metrics and financial performance. Despite challenges from fund redemptions and market uncertainties, the company remains optimistic about rent growth and development opportunities in 2023.

Prologis reports strong Q1 performance, eyes growth amid market challenges

Prologis delivered a robust performance in Q1 2023, marked by high occupancy rates, record same-store growth, and strategic financial maneuvers to enhance liquidity and core FFO projections.
While facing challenges in moderating construction costs and potential rising vacancy rates, the company's strengths in tenant retention, market positioning, and credit stability position it well for future growth.
Opportunities lie in capitalizing on market rent growth projections, investing in property funds, and leveraging stable consumer behavior and e-commerce trends for sustained success.
Prologis remains resilient in navigating market dynamics, celebrating its 40th anniversary with a forward-looking approach to drive shareholder value and capitalize on emerging opportunities.

Prologis surpasses Q2 forecasts, eyes global growth amid market challenges

Prologis demonstrated strong financial performance, highlighted by exceeding earnings expectations and strategic acquisitions. While facing challenges in specific markets, the company's focus on global diversification and long-term growth positions them well for future opportunities. By leveraging market trends and maintaining a solid balance sheet, Prologis aims to drive sustained growth and value for investors.

Prologis reports strong Q3 performance amidst market challenges and opportunities

Prologis remains confident in its long-term performance and growth opportunities despite challenges in certain markets. The company adjusted guidance with a focus on increased occupancy and same-store growth, while maintaining a cautious outlook on geopolitical risks and market uncertainties.

Prologis reports resilient earnings growth and eyes international market opportunities

Prologis reported a successful year with 11% earnings growth and $7 billion deployed into new investments. Despite challenges in market vacancy and declining global rents, the company remains resilient.
The focus on international markets, strong acquisition pipeline, and strategic forecasting of positive rent growth align Prologis for continued success in 2024. Challenges in development starts and market dynamics require proactive strategies.
Opportunities lie in market rent growth, increased net absorption, and adapting to changing tenant mindsets. Prologis' strengths in high occupancy, diverse portfolio, and sustainability initiatives position it well for future growth.
Navigating challenges in market trends and seizing opportunities for expansion and profitability will be key for Prologis in the coming year. The company's ability to leverage strengths and address challenges will determine its success in a dynamic market environment.

Prologis reports strong Q1 earnings amidst market challenges

Prologis had a strong financial performance in Q1 2024 but faced challenges due to market conditions. Despite geopolitical concerns and rising interest rates, the company remains confident in its long-term prospects.

Prologis excels in Q2 with robust leasing and occupancy performance

Prologis delivered a strong performance in Q2, surpassing expectations in leasing and occupancy. While facing challenges in decision-making and market uncertainties, the company remains well-positioned to capitalize on growth opportunities.

Prologis reports solid Q3 results, eyes sustainability and global growth

Prologis had a robust quarter with strong financial performance and strategic initiatives
While facing challenges like market rent declines, the company remains optimistic about its outlook
Opportunities lie in sustainability efforts, market expansion, and operational efficiency
Overall, Prologis is well-positioned to navigate market dynamics and drive growth

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Prologis, Inc. engages in providing logistics solutions and services. It operates in the Real Estate and Strategic Capital segments. The Real Estate segment represents the ownership and development of operating properties and is the largest component of revenue and earnings. The Strategic Capital segment refers to the management of co-investment ventures and other unconsolidated entities. The company was founded by Hamid R. Moghadam in 1991 and is headquartered in San Francisco, CA.

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Prologis has an excellent record of increasing its dividend. The REIT expects some headwinds to slow its earnings growth rate this year.

This Incredible Dividend Stock Hit a Speed Bump. Time to Sell?

Prologis matched earnings estimates with a Core FFO per diluted share of $1.28. The company surpassed revenue expectations, reporting $1.95 billion.

Prologis Posts Solid Q1 Earnings, Reduces Outlook

Prologis, Inc. (NYSE:PLD ) Q1 2024 Earnings Conference Call April 17, 2024 12:00 PM ET Company Participants Natasha Law - Director of Investor Relations Tim Arndt - Chief Financial Officer Chris Caton - Managing Director, Global Strategy & Analytics Dan Letter - President Hamid Moghadam - Co-Founder, Chairman and Chief Executive Officer Conference Call Participants Caitlin Burrows - Goldman Sachs Steve Sakwa - Evercore ISI Michael Goldsmith - UBS Craig Mailman - Citi Camille Bonnel - Bank of America Nikita Bely - JPMorgan Blaine Heck - Wells Fargo Vince Tibone - Green Street Advisors Ki Bin Kim - Truist Securities Thomas Catherwood - BTIG Jonathan Petersen - Jefferies Ronald Kamdem - Morgan Stanley John Kim - BMO Capital Markets Vikram Malhotra - Mizuho Securities Nicholas Yulico - Scotiabank Todd Thomas - KeyBanc Capital Markets Operator Greetings and welcome to the Prologis First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Prologis, Inc. (PLD) Q1 2024 Earnings Call Transcript

While Prologis (PLD) puts up a decent show in the first quarter, it trims its 2024 outlook as it prepares for a slower leasing environment in the next quarter or two.

Prologis (PLD) Meets Q1 FFO Estimates, Trims 2024 Guidance

The headline numbers for Prologis (PLD) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Prologis (PLD) Reports Q1 Earnings: What Key Metrics Have to Say

Prologis Inc (NYSE: PLD) is down about 7.0% on Wednesday even though it came in ahead of Street estimates for its fiscal first quarter. Why is Prologis stock down today?

Prologis stock slides despite upbeat Q1 earnings: here's why

Prologis (PLD) came out with quarterly funds from operations (FFO) of $1.28 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $1.22 per share a year ago.

Prologis (PLD) Q1 FFO Meet Estimates

Positive Long-Term Outlook Amid Near-Term Macroeconomic Uncertainty SAN FRANCISCO , April 17, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today reported first quarter results for 2024.  Net earnings per diluted share was $0.63 for the first quarter of 2024 compared with $0.50 for the first quarter of 2023.

Prologis Reports First Quarter Results

The U.S. real estate sector has been one of the worst-performing spaces in the past 12 months. The Vanguard Real Estate ETF NYSEARCA: VNQ fell behind the broader S&P 500 index by as much as 24% during this period.

Prologis Stock Leading U.S. Logistics Boom

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Get a deeper insight into the potential performance of Prologis (PLD) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Ahead of Prologis (PLD) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics

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Industrial REITs Rexford Industrial and Prologis are up around 15% and 25%, respectively, since their late-October 2023 lows. Rexford has a tight geographic focus, but the area it targets is very well positioned for growth.

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These 3 Real Estate Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Invitation Homes (NYSE:INVH), Prologis (NYSE:PLD)

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Prologis has ridden the digital economy to become a real estate juggernaut. NNN is a high-yield REIT for conservative investors.

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SAN FRANCISCO , April 1, 2024 /PRNewswire/ -- Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, will host its annual stockholders meeting on Thursday, May 9, 2024, at 2:00 p.m. PT/5:00 p.m.

Prologis to Host Virtual 2024 Stockholders Meeting May 9

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Retail chocolate prices rose 11.6% in 2023 due to a spike in the price of cocoa caused by poor climate and crop diseases in West Africa. Diversifying investments, like diversifying Easter treats, is essential for financial health and resilience against market volatility. Recommended REITs for diversification include Camden Property Trust, Realty Income, Agree Realty, American Tower, and Prologis.

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News for Prologis Stock (PLD)