10:04 AM EDT, 10/15/2025 (MT Newswires) -- (Updates with latest stock movement in headline and first paragraph.)

Prologis ( PLD ) shares were up more than 5% in recent Wednesday trading after the company reported Q3 core funds from operations and revenue that topped analyst estimates, and raised its 2025 guidance.

The company reported Q3 core funds from operations of $1.49 per diluted share, up from $1.43 a year earlier. Analysts polled by FactSet expected $1.44.

Total revenue for the quarter ended Sept. 30 was $2.21 billion, up from $2.04 billion a year earlier. Analysts surveyed by FactSet expected $2.03 billion.

The real estate investment trust said it now expects 2025 core FFO to range from $5.78 to $5.81 per diluted share, compared with the previous forecast of $5.75 to $5.80. Analysts surveyed by FactSet expect $5.78.

Price: 121.34, Change: +5.88, Percent Change: +5.09