Earnings call briefThird-quarter 2026
Prologis raises owned-and-managed starts outlook to $6 billion to $6.75 billion
Prologis said it now expects net earnings of $4.05 to $4.15 per share and core FFO of $6.25 to $6.29 per share, with and without promotes.
GetSignal Prologis PLD
Prologis said on its third-quarter call that it now expects development starts on an owned and managed basis of $6 billion to $6.75 billion, with build-to-suits making up 55% to 65% of the year's starts.
Prologis also raised its acquisitions outlook to $2.1 billion to $2.3 billion. The company expects contributions and dispositions of $3.5 billion to $4.75 billion.
Quotes from the call
“On capital deployment, we are increasing development starts on an owned and managed basis to a range of $6 billion to $6.75 billion.”
“Putting it all together, we expect net earnings to range between $4.05 and $4.15 per share, and core FFO is expected to range between $6.25 and $6.29 per share, both with and without promotes.”
Key facts from the call
- Expected full-year net earnings per share
- $4.05 to $4.15
- Expected full-year core FFO per share
- $6.25 to $6.29, with and without promotes
- Build-to-suits as share of year's starts
- 55% to 65%
Source: Prologis' third-quarter 2026 earnings call, October 15, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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