Prologis reports higher Q3 earnings and updates 2026 guidance
Filed with the SEC on · Summarized by InvestorsBot
Prologis reported third-quarter 2026 net earnings of $0.86 per diluted share, up from $0.82 a year earlier, while Core FFO rose to $1.60 from $1.49; cash same-store NOI increased 5.9% and occupancy was 95.6% at September 30. The company raised its 2026 Core FFO guidance to $6.25-$6.29 per share from $6.22-$6.30, while lowering net earnings guidance to $4.05-$4.15 from $4.40-$4.55, and announced $702 million of acquisitions, $964 million of development starts and $169 million of dispositions and contributions during the quarter. Prologis also said shareholder approval was an important milestone for its proposed combination with SEGRO plc and reported approximately $8.8 billion of available liquidity at quarter-end.