Prologis (PLD) Reports Q1 Earnings: What Key Metrics Have to Say

By Zacks Equity Research | April 16, 2025, 9:30 AM

Prologis (PLD) reported $1.99 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 8.7%. EPS of $1.42 for the same period compares to $0.63 a year ago.

The reported revenue represents a surprise of +2.68% over the Zacks Consensus Estimate of $1.94 billion. With the consensus EPS estimate being $1.38, the EPS surprise was +2.90%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Prologis performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Average Occupancy: 94.9% versus the three-analyst average estimate of 95.4%.
  • Revenues- Strategic capital: $141.14 million versus the three-analyst average estimate of $137.96 million. The reported number represents a year-over-year change of +9.9%.
  • Revenues- Rental: $1.99 billion compared to the $1.95 billion average estimate based on three analysts. The reported number represents a change of +8.7% year over year.
  • Revenues- Development management and other: $11.26 million versus $4.75 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +1943.7% change.
  • Rental and other revenues: $2 billion versus the two-analyst average estimate of $1.94 billion. The reported number represents a year-over-year change of +9.4%.
  • Net Earnings Per Share (Diluted): $0.63 versus $0.64 estimated by five analysts on average.
View all Key Company Metrics for Prologis here>>>

Shares of Prologis have returned -12.4% over the past month versus the Zacks S&P 500 composite's -4.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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