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Here's What to Expect From Prologis' Next Earnings Report
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Valued at a market cap of $131.3 billion, Prologis, Inc. (PLD) is a global leader in logistics real estate with a focus on high-barrier, high-growth markets. The company owns or has investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.3 billion square feet in 20 different countries. PLD is expected to release its Q2 2026 earnings on Thursday, July 16, before the market opens. Ahead of the event, analysts expect the company's EPS to be $1.54 on a diluted basis, up 5.5% from $1.46 in the year-ago quarter. The company has met or exceeded Wall Street's EPS estimates in all of its last four quarters. Palantir Stock Crashes to a 52-Week Low: Why It's Time to Buy the Dip. Corning Stock Skyrockets on AI-Related Demand, Spurring Unusual Call Option Buying Nasdaq Futures Gain After Brutal Tech Selloff, Micron Earnings in Focus Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For fiscal 2026, analysts project the company's EPS to be $6.18, up 6.4% from $5.81 in fiscal 2025. Moreover, its EPS is expected to rise by roughly 6.6% year over year (YoY) to $6.59 in fiscal 2027. PLD's stock has grown 30.3% over the past 52 weeks, outperforming the S&P 500 Index's ($SPX) 20.8% rise and the State Street Real Estate Select Sector SPDR ETF's (XLRE) 5.3% return during the same time frame. On Apr. 16, PLD stock rose 1.7% following the release of its Q1 2026 earnings. The company's revenue for the quarter amounted to $2.3 billion, surpassing the Street's estimates. Moreover, its adjusted FFO for the quarter came in at $1.50, also coming in on top of Wall Street's forecasts. Prologis expects full-year funds from operations in the range of $6.07 to $6.23 per share. Analysts are somewhat bullish on PLD, with the stock having a "Moderate Buy" rating overall. Among the 24 analysts covering the stock, 13 are recommending a "Strong Buy," and 11 suggest a "Hold." PLD's average analyst price target is $153.20, indicating an upside of 8.8% from the current levels. On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com
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