earnings
confidence high
sentiment positive
materiality 0.85
Prologis Q3 Core FFO $1.49 (+4.2%), raises FY guidance; adds 5.2 GW data center capacity
Prologis, Inc.
2025-Q3 EPS reported
$2.06
revenue$6,537,415,000
- Core FFO per share $1.49 (+4.2% YoY); net earnings $0.82 (-24.1%); record 62M sf leases signed.
- FY25 Core FFO guidance raised to $5.78-5.81 (from $5.75-5.80); net earnings raised to $3.40-3.50.
- Same store NOI cash +5.2%; average occupancy 94.7% (Prologis share).
- Prologis secured 5.2 GW of utility-fed power capacity for data center development.
- Development stabilizations $604M at 6.7% yield; total value creation $169M.