08:31 AM EDT, 07/17/2024 (MT Newswires) -- Prologis ( PLD ) reported Q2 core funds from operations Wednesday of $1.34 per diluted share, compared with $1.83 a year earlier.

Analysts polled by Capital IQ expected $1.07.

Total revenue for the quarter ended June 30 was $2.01 billion, down from about $2.45 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.86 billion.

The company said it now expects full-year 2024 core funds from operations of $5.39 to $5.47 per diluted share, from $5.37 to $5.47 previously. Analysts surveyed by Capital IQ expect $4.41.

Prologis ( PLD ) shares were up 0.1% in recent Wednesday premarket activity.

Price: 121.60, Change: +0.11, Percent Change: +0.09