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Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
| Analyst | Firm | Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Vikram Malhotra | Mizuho Securities | 8 questions · 13% challenging |
| Michael Goldsmith | UBS | 7 questions · 14% challenging |
| Ron Kamdem | Morgan Stanley | 6 questions · 0% challenging |
| Caitlin Burrows | Goldman Sachs | 6 questions · 0% challenging |
| Vince Tibone | Green Street | 6 questions · 0% challenging |
| Blaine Heck | Wells Fargo | 5 questions · 0% challenging |
| Nick Thillman | Robert W. Baird | 5 questions · 0% challenging |
| Ki Bin Kim | Truist Securities | 3 questions · 0% challenging |
| Tom Catherwood | BTIG | 3 questions · 0% challenging |
| Steve Sakwa | Evercore ISI | 3 questions · 0% challenging |
| Firm | Analysts | Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Mizuho Securities | 1 analyst | 8 questions · 13% challenging |
| UBS | 1 analyst | 7 questions · 14% challenging |
| Wells Fargo | 2 analysts | 7 questions · 0% challenging |
| Evercore ISI | 2 analysts | 6 questions · 0% challenging |
| Morgan Stanley | 1 analyst | 6 questions · 0% challenging |
| Goldman Sachs | 1 analyst | 6 questions · 0% challenging |
| Green Street | 1 analyst | 6 questions · 0% challenging |
| Bank of America | 3 analysts | 5 questions · 40% challenging |
Reporting soon: earnings call Thursday, Oct 15
A pre-earnings brief is ready for PLD: the setup, what peers and partners said this season, and which analysts to watch.Reading it is a Tellvest Pro feature.
No 8-K events recorded for this window.
Prologis delivered Q1 core FFO of $1.52 per share excluding promotes, ahead of expectations, with guidance raised to $6.12-$6.28. Record leasing of 64 million square feet continued with broadening demand across industries. Occupancy held at 95.3%. Same-store NOI growth was 6.1% net effective and 8.8% cash. Development starts reached $2.1 billion in Q1 alone, with 40% data center. The data center power pipeline stood at 5.6 GW, and solar installations reached 1.3 GW. The strategic capital platform expanded with new fund activity.
Demand | Pricing | Guidance Reliability | Macroeconomic | Cloud & AI | Capex Investment | Geographic Expansion | Trade Tariffs | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 4 | 3 | 2 | 2 | 1 | 1 | 2 | 1 |
| 2025Q1 | 6 | 2 | 3 | 2 | 4 | |||
| 2025Q2 | 7 | 2 | 2 | 4 | 1 | 1 | ||
| 2025Q3 | 7 | 3 | 2 | 3 | 1 | 1 | 1 | |
| 2025Q4 | 3 | 1 | 3 | 4 | 6 | 2 | ||
| 2026Q1 | 7 | 5 | 1 | 1 | 3 | 3 | 1 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|---|
| Demand | 4 | 6 | 7 | 7 | 3 | 7 |
| Pricing | 3 | 2 | 2 | 3 | 1 | 5 |
| Guidance Reliability | 2 | 3 | 2 | 3 | 1 | |
| Macroeconomic | 2 | 2 | 4 | 2 | 1 | |
| Cloud & AI | 1 | 3 | 4 | 3 | ||
| Capex Investment | 1 | 1 | 6 | 3 | ||
| Geographic Expansion | 2 | 1 | 1 | 2 | 1 | |
| Trade Tariffs | 1 | 4 | 1 | 1 |
Calendar quarter Q1 2026Earnings call Apr 16, 2026
FY2026 Q1 in brief
Prologis delivered Q1 core FFO of $1.52 per share excluding promotes, ahead of expectations, with guidance raised to $6.12-$6.28.
Newest quarter FY2026 Q2 is part of Pro · see what Pro adds →
Sources. Tellvest earnings-call sentiment score for Prologis (PLD), FY2026 Q1: 7/10. Scores: Prologis’s public earnings-call transcripts and SEC-reported results — the base band is anchored to reported GAAP revenue growth; transcript, EPS and guidance adjustments are applied separately (documented exceptions apply to a few issuers). Price: PLD daily closing prices for the trailing year; dots mark earnings calls, colored by that quarter’s score; the newest quarter’s score is part of Tellvest Pro. How to read a company earnings-call score.
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| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Op margin | Net margin | FCF |
|---|---|---|---|---|---|---|---|
| FY2024 Q4 | $2.20B | +16.5% | $1.37 | +101.5% | 64.6% | 58.1% | $1.34B |
| FY2025 Q1 | $2.14B | +9.4% | $0.63 | 0.0% | 41.1% | 27.7% | $1.16B |
| FY2025 Q2 | $2.18B | +8.8% | $0.60 | -33.3% | 41.8% | 26.2% | $1.24B |
| FY2025 Q3 | $2.21B | +8.7% | $0.82 | -24.1% | 40.3% | 34.5% | $1.45B |
| FY2025 Q4 | $2.25B | +2.4% | $1.49 | +8.8% | 37.8% | 62.1% | $1.16B |
| FY2026 Q1Selected | $2.30B | +7.4% | $1.05 | +66.7% | 36.0% | 42.7% | $1.14B |
| FY2026 Q2 | $2.43B | +11.1% | $1.13 | +88.3% | 39.6% | 43.8% | $1.50B |
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
GAAP revenue YoY +7.39% → base 6. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.
What PLD and other companies said about each other on FY2026 Q1 earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“Prologis started it many, many years ago with their Fund business.”
VICI cites Prologis's fund business as a model for accessing alternative private capital pools, a strategy VICI is studying for its own growth.
“Or Prologis, where they have been able to influence logistics across the globe.”
UDR's CEO cites Prologis as an example of a company that achieved scale-based dominance in logistics, contrasting it with the fragmented apartment sector.
“an expansion of our relationship with La Caisse through a pan-European venture focused on both development and acquisition strategies”
Prologis expanded its strategic-capital relationship with La Caisse (CDPQ) via a $1.2 billion pan-European development and acquisition venture, signaling continued pension-fund appetite for logistics real estate.
“We announced a $1.6 billion joint venture with GIC”
Prologis formed a $1.6 billion joint venture with Singapore sovereign wealth fund GIC to develop and hold U.S. build-to-suit opportunities, reflecting strong institutional investor demand for its platform.
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
PLD Prologis | 7 | +7.4% | |
| EXR Extra Space Storage | 5 | +1.9% | |
| PSA Public Storage | 5 | +2.9% |