Q4 core FFO excluding Net Promote Income per diluted share was $1.42. Reports Q4 revenue $2.2B, consensus $1.94B. “We closed out 2024 with solid results. It was capped off with the sale of our Elk Grove data center – a turnkey facility under development – that led to significant value creation and demonstrated the end-to-end capabilities of our platform,” said President Dan Letter. “Looking ahead, our team is focused on anticipating customer needs and staying ahead of market trends to deliver on our 2025 plan. Post-election leasing activity has been strong, and our ongoing conversations with customers support our expectation that the market is nearing an inflection point,” said Hamid R. Moghadam, CEO. “Meanwhile, our platform is uniquely positioned to seize the opportunities created by favorable trends in our data center and energy businesses. The long-term outlook for Prologis (PLD) is bright.”
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