The Investor
16 Jul 2025, 22:35
Prologis Q2 Earnings: Core FFO Rises Despite Drop in Net Earnings
Prologis (NYSE: PLD) reported second-quarter 2025 results, with net earnings per diluted share falling 33.7% to \$0.61, mainly due to lower gains and unfavorable foreign exchange impacts.
Core funds from operations (Core FFO) per share rose 9.0% to \$1.46, and Core FFO excluding promote income increased 8.1% to \$1.47.
CEO Hamid R. Moghadam credited strong operational execution and customer focus for the performance. President Daniel Letter noted historically high leasing pipeline levels, reflecting rising customer engagement and demand across leasing and build-to-suit activities.
Prologis (NYSE: PLD) reported second-quarter 2025 results, with net earnings per diluted share falling 33.7% to \$0.61, mainly due to lower gains and unfavorable foreign exchange impacts.
Core funds from operations (Core FFO) per share rose 9.0% to \$1.46, and Core FFO excluding promote income increased 8.1% to \$1.47.
CEO Hamid R. Moghadam credited strong operational execution and customer focus for the performance. President Daniel Letter noted historically high leasing pipeline levels, reflecting rising customer engagement and demand across leasing and build-to-suit activities.