Prologis, a logistics real estate investment trust, reported third-quarter earnings that surpassed expectations. The company posted an earnings per share (EPS) of $1.45, significantly higher than the forecasted $0.66. Revenue for the quarter reached $2.04 billion, exceeding the expected $1.91 billion. Additionally, Prologis reported core funds from operations (FFO) of $1.43 per share, which was 5 cents higher than consensus estimates. Following the announcement, Prologis stock rose by 1.5% in pre-market trading. The company also narrowed its full-year guidance. Prologis has a market cap of $114.29 billion.