Prologis and Sono-Tek report quarterly earnings results

Prologis, Inc. reported Q3 2026 Core FFO of $1.60 per share, significantly exceeding the $0.82 estimate. The industrial REIT generated $2.39 billion in revenue, an 8.1% increase compared to Q3 2025. Rental operations accounted for $2.22 billion of this revenue. The company reported a 5.9% growth in Cash Same Store NOI and maintained an average occupancy rate of 95.1% for owned and managed spaces.

Sono-Tek reported quarterly earnings of $0.02 per share, missing the consensus estimate of $0.04. The company's revenue for the quarter was $5.23 million, falling short of the expected $5.54 million. Sono-Tek reported a net margin of 9.62% and a return on equity of 10.55%.