| PLD |
Report |
Core FFO per share excluding net promote expense |
BEAT |
pred ~$1.55 vs. cons $1.53 |
MEDIUM |
| PLD |
Report |
Average occupancy |
IN-LINE |
pred ~95.6% vs. cons 95.5% |
MEDIUM |
| PLD |
Report |
Net-effective rent change |
BEAT |
pred ~39.5% vs. cons 38.0% |
LOW |
| PLD |
Guide |
Core FFO per share excluding net promote expense |
BETTER |
guide ~$6.22 vs. cons $6.17 (FY2026) |
MEDIUM |
| PLD |
Guide |
Average occupancy |
BETTER |
guide ~95.50% vs. cons 95.38% (FY2026) |
MEDIUM |
| PLD |
Guide |
Cash same-store NOI growth |
UNCHANGED |
guide ~6.63% vs. cons 6.63% (FY2026) |
MEDIUM |
| PLD |
Guide |
SEGRO implied offer value |
UNCHANGED |
guide ~925p vs. cons 925p (through July 22, 2026 offer deadline) |
LOW |
| PLD |
Return |
Day-1 residual (stock − beta × S&P 500) |
+1.6% |
— |
MEDIUM |
| PLD |
Return |
5-day cumulative residual |
+0.5% (FADE) |
A modest FFO beat and healthy leasing should initially lift the stock, but FY2026 guidance of ~$6.22 implies second-half Core FFO of only ~$3.15 versus consensus near $3.18; limited estimate revisions and unresolved SEGRO dilution risk should fade most of the day-1 gain. |
MEDIUM |