8-K
filed January 17, 2024, 6:59 PM ET
ticker PLD
CIK 0001045609
earnings
confidence high
sentiment positive
materiality 0.80
Prologis Q4 core FFO $1.26/shr, FY $5.61; 2024 guidance $5.42-$5.56
Prologis, Inc.
2023-FY EPS reported
$3.29
revenue$8,023,469,000
- Q4 net earnings $0.68 diluted; Core FFO $1.26 (ex-promotes $1.29), up 4.9% YoY.
- Full-year core FFO $5.61 (ex-promotes $5.10), up ~11% YoY; Cash Same Store NOI +8.5%.
- Development stabilizations $3.2B in FY23 with $917M estimated value creation at 6.3% yield.
- 2024 guidance: core FFO $5.42-$5.56, Cash Same Store NOI 8-9%, avg occupancy 96.5-97.5%.
- Balance sheet: debt/market cap 20.5%, weighted avg interest 3.0%, no material maturities until 2026.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
Prologis, Inc. reported full year 2023 results: EPS $5.61.
- Period
- full year 2023
- EPS
- $5.61
- Result
- reported results
Exact text from the filing
For the full year 2023, Core FFO per diluted share was $5.61 compared with $5.16 for the same period in 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
Prologis, Inc. reported fourth quarter of 2023 results: EPS $1.26.
- Period
- fourth quarter of 2023
- EPS
- $1.26
- Result
- reported results
Exact text from the filing
Net earnings per diluted share was $0.68 for the fourth quarter of 2023 compared with $0.63 for the fourth quarter of 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
Prologis, Inc. reported fourth quarter of 2023 results: EPS $1.26.
- Period
- fourth quarter of 2023
- EPS
- $1.26
- Result
- reported results
Exact text from the filing
Core funds from operations (Core FFO)* per diluted share was $1.26 for the fourth quarter of 2023, compared with $1.24 for the same period in 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 1.0
Prologis, Inc. reported year ended December 31, 2023 results: EPS $3.29.
- Period
- year ended December 31, 2023
- EPS
- $3.29
- Result
- reported results
Exact text from the filing
Net earnings per diluted share for the year ended December 31, 2023 was $3.29, compared with $4.25 for the prior year.
View on SEC.gov
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