{"symbol":"PLD","fiscalQuarter":"Q2-2026","reportDate":"2026-07-15","reportTime":"BMO","status":"upcoming","company":{"name":"Prologis, Inc.","sector":"Real Estate","industry":"Industrial REITs"},"tier":"free","webUrl":"https://earningsnxt.ai/ticker/PLD/earnings/Q2-2026","estimates":{"consensusEps":0.7988,"consensusRevenue":2162.62,"epsLow":0.77,"epsHigh":0.83,"whisperEps":null,"numAnalysts":null},"preBrief":{"companySnapshot":"Prologis, Inc. (PLD) is a leading real estate investment trust (REIT) focused on industrial properties, particularly logistics and distribution centers. With a market cap of $135 billion, the company plays a crucial role in the supply chain, benefiting from trends like e-commerce growth and increased demand for warehouse space.","keyMetrics":[{"name":"EPS","why":"Earnings per share (EPS) is a key indicator of profitability and will show how well Prologis is managing its costs and generating income.","consensus":"$0.80"},{"name":"Revenue","why":"Total revenue reflects the company's ability to attract tenants and maintain occupancy rates, which is vital for growth in the REIT sector.","consensus":"$2.2B"}],"lastQuarterRecap":{"summary":"In Q1-2026, Prologis reported an EPS of $1.52, beating estimates by 2.84%. The stock reacted positively, gaining 1.72% the following day.","promises":[]},"wallStreetExpectations":{"summary":"Analysts expect Prologis to continue its strong performance with an EPS of $0.80 and revenue of $2.2 billion. The market is closely watching for any signs of growth in leasing activity.","bullCase":"If Prologis exceeds EPS expectations and shows strong revenue growth, it could indicate robust demand for industrial space, leading to a positive stock reaction.","bearCase":"Conversely, if the company reports lower-than-expected earnings or revenue, it could raise concerns about slowing demand in the industrial sector, negatively impacting the stock."},"optionsSignal":{"impliedMove":"7.07%","context":"The options market is pricing in a significant move, suggesting that investors expect volatility around the earnings announcement."},"earningsTrackRecord":[{"quarter":"Q1-2026","epsSurprise":"+2.84%","reaction":"+1.72%"},{"quarter":"Q4-2025","epsSurprise":"+0.14%","reaction":"+0.25%"},{"quarter":"Q3-2025","epsSurprise":"+3.62%","reaction":"+6.33%"},{"quarter":"Q2-2025","epsSurprise":"+3.99%","reaction":"+1.43%"},{"quarter":"Q1-2025","epsSurprise":"+3.12%","reaction":"+1.84%"}],"pivotalQuestions":[{"question":"Will Prologis report an EPS above $0.80?","whyItMatters":"A beat on EPS would reinforce the company's strong performance and could lead to a positive stock reaction."},{"question":"What are the occupancy rates and leasing activity trends?","whyItMatters":"Understanding occupancy and leasing trends will provide insight into demand for Prologis's properties and future revenue potential."}],"thesisBreakLevels":{"bullTrigger":"An EPS of $0.83 or higher, along with strong leasing activity, would confirm the bull case.","bearTrigger":"An EPS below $0.77 or declining occupancy rates would support the bear case.","context":"The market is debating whether Prologis can sustain its growth amid changing economic conditions and demand for industrial space."},"scenarioPlaybook":{"beatAndRaise":"If Prologis beats expectations, history suggests the stock could rise by about 1.3%, confirming strong demand in the industrial sector.","inLineCautious":"If results are in line with expectations, the stock may see muted movement as investors await further guidance.","miss":"A miss on earnings could lead to a decline, with history suggesting a potential drop of around 1.3%."},"peerReadThroughs":[],"setupPatternInsight":{"pattern":"Prior-quarter beat + options rich in Real Estate","sampleSize":30,"fadeRate":"11 of 30 (37%)","insight":"This setup has occurred 30 times across Real Estate in the last 2 years. 19 of 30 (63%) held or extended their move within 5 days \u2014 this setup typically holds direction. The average absolute 1-day move is 2.7%, with a raw directional average of +1.0% (modestly positive historical bias)."},"whatTheStreetIsMissing":{"thesis":"The Street may underestimate the strength of Prologis's leasing activity, especially in light of recent trends in e-commerce and supply chain management.","supportingPoints":["Prologis has consistently beaten EPS estimates, indicating stronger-than-expected performance.","The options market is pricing a larger move than historical averages, suggesting that investors anticipate significant news.","Recent trends in industrial space demand have been robust, which may not be fully reflected in consensus estimates."],"riskToConsensus":"If leasing activity shows unexpected strength, it could lead to a significant upward revision in earnings expectations."},"whatToListenFor":["Any updates on occupancy rates and leasing activity.","Management's outlook on the industrial real estate market.","Details on any new developments or acquisitions.","Comments on cost management and operational efficiencies.","Insights into the impact of e-commerce growth on demand for logistics space."],"metaDescription":"Prologis (PLD) reports Q2 2026 earnings July 15. Analysts expect $0.80 EPS on $2.2B revenue. Here's what to watch."}}