Why Industrial REIT Prologis Shares Are Trading Higher Today
Why Industrial REIT Prologis Shares Are Trading Higher Today
Prologis, Inc. (NYSE:PLD) shares are trading higher after the company reported second-quarter FY24 results.
普洛斯公司（紐約證券交易所代碼：PLD）公佈24財年第二季度業績後，該公司股價走高。
Rental revenue of $1.85 billion missed the consensus estimates of $1.875 billion. The company's average occupancy stood at 96.1%, with a leased 39.6MSF operating portfolio and a 7.0MSF development portfolio.
18.5億美元的租金收入未達到市場普遍預期的18.75億美元。該公司的平均入住率爲96.1％，租賃的運營投資組合爲39.6MSF，開發組合爲7.0MSF。
Core funds from operations per diluted share were $1.34, lower than $1.83 a year ago but above the consensus of $1.33.
攤薄後每股運營核心資金爲1.34美元，低於去年同期的1.83美元，但高於市場普遍的1.33美元。
During the quarter, Prologis and its co-investment ventures issued an aggregate of $1.2 billion of debt at a weighted average interest rate of 4.4% and a weighted average term of 10.9 years.
在本季度，普洛斯及其聯合投資企業共發行了12億美元的債務，加權平均利率爲4.4％，加權平均期限爲10.9年。
As of June-end, debt as a percentage of total market capitalization was 23.7%, and the company's weighted average interest rate on its share of total debt was 3.1%, with a weighted average term of 9.3 years and no significant debt maturities until 2026.
截至6月底，債務佔總市值的百分比爲23.7％，該公司佔總債務份額的加權平均利率爲3.1％，加權平均期限爲9.3年，在2026年之前沒有重大債務到期日。
FY24 Guidance: PLD raised the outlook for net earnings per share to $3.25 to $3.45 (from $3.15-$3.35) and revised guidance for core FFO attributable to common stockholders to $5.39 to $5.47 (from $5.37-$5.47), and against the consensus of $5.41.
24財年指導方針：PLD將每股淨收益前景上調至3.25美元至3.45美元（從3.15美元至3.35美元），並將歸屬於普通股股東的核心FFO的預期上調至5.39美元至5.47美元（從5.37美元至5.47美元），而市場共識爲5.41美元。
The company reiterated average occupancy guidance of 95.75%-96.75% in FY24.
該公司重申了24財年平均入住率爲95.75％-96.75％的預期。
Hamid R. Moghadam, co-founder and CEO, said, "While customer demand remains subdued, it is improving, and we expect that trend to continue as the construction pipeline shrinks. Meanwhile, our premier global portfolio will continue to benefit from its embedded NOI potential, and opportunities in data centers and energy give us tremendous confidence in future growth."
聯合創始人兼首席執行官哈米德·莫加達姆表示：“儘管客戶需求仍然疲軟，但正在改善，我們預計，隨着施工管道的縮小，這種趨勢將繼續下去。同時，我們首屈一指的全球投資組合將繼續受益於其嵌入式NOI潛力，數據中心和能源領域的機會使我們對未來的增長充滿信心。”
Timothy D. Arndt, chief financial officer, stated, "In addition, during the quarter we raised $1.2 billion of debt across our balance sheet and funds, and we launched our $1 billion commercial-paper program, already saving us more than 60bps on our short-term borrowing costs in the U.S."
首席財務官蒂莫西·阿恩特表示：“此外，在本季度中，我們在資產負債表和基金中籌集了12億美元的債務，並啓動了10億美元的商業票據計劃，已經爲我們在美國的短期借貸成本節省了60多個點子。”
Investors can gain exposure to the stock via Pacer Industrial Real Estate ETF (NYSE:INDS) and SP Funds S&P Global REIT Sharia ETF (NYSE:SPRE)
投資者可以通過Pacer工業房地產ETF（紐約證券交易所代碼：INDS）和標普基金標普全球房地產投資信託基金伊斯蘭教法ETF（紐約證券交易所代碼：SPRE）獲得股票敞口
Price Action: PLD shares are up 5.13% at $127.72 at the last check Wednesday.
價格走勢：在週三的最後一次檢查中，PLD股價上漲5.13％，至127.72美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明：此內容部分是在人工智能工具的幫助下製作的，並由Benzinga的編輯審閱和發佈。
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