PROLOGIS

PLD

Market cap $11.2B

U.S. equity markets rebounded this past week as the White House resumed negotiations with China following a major tariff threat, while investors focused on bank earnings that raised some eyebrows. Consistent with the "risk-off" theme that has prevailed amid the ongoing federal government shutdown with no resolution in sight, short-term Treasury yields receded to the lowest levels in three years. Buoyed by a dip in benchmark rates, real estate equities led the rebound this week after REIT earnings season began on a positive note with surprisingly strong industrial REIT results.

Prologis remains a leader in industrial real estate, demonstrating adaptability and strong execution amid a challenging market environment. Prologis posted record Q3 leasing activity, robust data center expansion, and improved portfolio occupancy, supporting continued earnings growth and resilience. Risks include rising credit concerns, elevated industrial vacancy rates, and power constraints for data center projects, but Prologis' scale and diversification help mitigate these threats.

Prologis Inc. NYSE: PLD stock is up more than 4% in early trading after the real estate investment trust (REIT) delivered a beat-and-raise quarterly earnings report. Revenue of $2.05 billion was about 1% higher than the forecast of $2.03 billion.

Prologis Co-Founder, Chairman, and CEO Hamid Moghadam joins 'Mad Money' host Jim Cramer to talk its real estate portfolio, supply and demand in the data center arena, and much more.

Prologis Co-Founder, Chairman, and CEO Hamid Moghadam joins 'Mad Money' host Jim Cramer to talk its real estate portfolio, supply and demand in the data center arena, and much more.

Prologis, Inc. (NYSE:PLD) reported third-quarter results that exceeded analyst expectations, reflecting solid operational performance and renewed confidence in its outlook.

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Prologis, Inc. (NYSE:PLD ) Q3 2025 Earnings Call October 15, 2025 12:00 PM EDT Company Participants Justin Meng Timothy Arndt - Chief Financial Officer Dan Letter - President & Director Christopher Caton - Senior VP & Global Head of Research Hamid Moghadam - Co-Founder, Chairman & CEO Conference Call Participants Jonathan Petersen - Jefferies LLC, Research Division Michael Goldsmith - UBS Investment Bank, Research Division Steve Sakwa - Evercore ISI Institutional Equities, Research Division Ronald Kamdem - Morgan Stanley, Research Division Nicholas Joseph - Citigroup Inc. Exchange Research Caitlin Burrows - Goldman Sachs Group, Inc., Research Division Vikram Malhotra - Mizuho Securities USA LLC, Research Division Samir Khanal - BofA Securities, Research Division Nicholas Thillman - Robert W. Baird & Co. Incorporated, Research Division Vince Tibone - Green Street Advisors, LLC, Research Division Blaine Heck - Wells Fargo Securities, LLC, Research Division Michael Mueller - JPMorgan Chase & Co, Research Division Nicholas Yulico - Scotiabank Global Banking and Markets, Research Division Brendan Lynch - Barclays Bank PLC, Research Division Todd Thomas - KeyBanc Capital Markets Inc., Research Division John Kim - BMO Capital Markets Equity Research Craig Mailman - Citigroup Inc., Research Division Presentation Operator Greetings, and welcome to the Prologis Third Quarter 2025 Earnings Conference Call.

The industrial real-estate owner's revenue climbed 9% year-over-year in the third quarter.

PLD's Q3 FFO beats estimates, benefiting from a rise in rental revenues and healthy leasing activity. However, high interest expenses are a concern.