Prologis' Q1 FFO Beat Estimates, Rental Revenues Rise Y/Y

Prologis, Inc. (PLD) reported first-quarter 2025 core funds from operations (FFO) per share of $1.42, outpacing the Zacks Consensus Estimate of$1.38. This compares favorably with the year-ago quarter’s figure of $1.28.Reflecting investors’ positive sentiments, shares of the company gained more than 2.5% during the initial hours of today’s trading session. The quarterly results reflect a rise in rental revenues and healthy leasing activity. However, high interest expenses are an undermining factor. In addit ...