secwatch.observer — SEC 8-K summary
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Issuer:     Prologis, Inc. (PLD)
CIK:        0001045609
Form:       8-K
Filed at:   2024-01-17T23:59:59+00:00
Accession:  0000950170-24-004825
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prologis Q4 core FFO $1.26/shr, FY $5.61; 2024 guidance $5.42-$5.56
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1045609/000095017024004825/0000950170-24-004825-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1045609/000095017024004825/pld-20240117.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-004825

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer