secwatch.observer — SEC 8-K summary
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Issuer:     Prologis, Inc. (PLD)
CIK:        0001045609
Form:       8-K
Filed at:   2023-01-18T23:59:59+00:00
Accession:  0001564590-23-000494
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 $1.24/share; guides 2023 Core FFO $5.40-$5.50
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- Core FFO per diluted share Q4 $1.24 (up 10.7% YoY); full year $5.16 (up 24.3%).
- Cash Same Store NOI grew 9.1% (U.S. 9.6%); average occupancy 98.0%.
- Development stabilizations $820M at 6.9% estimated yield; value creation $380M.
- 2023 guidance: Core FFO $5.40-$5.50, net earnings $3.00-$3.15, same-store NOI 8.5%-9.5%.
- Debt at 20.1% of market cap, weighted avg interest rate 2.5%, $4B liquidity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1045609/000156459023000494/0001564590-23-000494-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1045609/000156459023000494/pld-8k_20230118.htm
  HTML page:      https://secwatch.observer/filing/0001564590-23-000494

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