Prologis
Q2 2022 Earnings Call
Jul 18, 2022, 12:00 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Greetings. Welcome to Prologis second quarter 2022 earnings conference call. [Operator instructions] Please note, this conference is being recorded. I'll now turn the conference over to Jill R.
Sawyer, vice president of investor relations. Ms. Sawyer, you may now begin.
Jill Sawyer -- Vice President, Investor Relations
Thanks, Rob, and good morning, everyone. Welcome to our second quarter 2022 earnings conference call. The supplemental document is available on our website at prologis.com under investor relations. I'd like to state that this conference call will contain forward-looking statements under federal securities laws.
These statements are based on current expectations, estimates and projections about the market and the industry in which Prologis operates as well as management's beliefs and assumptions. Forward-looking statements are not guarantees of performance and actual operating results may be affected by a variety of factors. For a list of those factors, please refer to the forward-looking statement notice in our 10-K or other SEC filings. Additionally, our second quarter results, press release and supplemental do contain financial measures such as FFO and EBITDA that are non-GAAP measures.
And in accordance with Reg G, we have provided a reconciliation to those measures. On July 13, we announced the merger between Prologis and Duke Realty. This call will focus on our second quarter results. The company will not provide comments related to this transaction beyond what is included in our prepared remarks.
I'd like to welcome Tim Art, our CFO, who will cover results, real-time market conditions and guidance. Hamid Moghadam, our CEO and our entire executive team are also with us today. With that, I'll hand the call over to Tim.
Tim Arndt -- Chief Financial Officer
Thanks, Jill. Good morning, everybody, and thank you for joining our call. This morning, we reported our second quarter results, which were strong and ahead of our expectations with occupancy, leasing and rent change all at record highs. Duke also released their operating results this morning, which tell a similarly strong story.
That said, the macroeconomic environment is making it difficult for investors to fully assess the state of our industry. There's frankly a stark difference between what one reads and headlines versus what is actually happening in our business. Accordingly, we find ourselves focusing more on our own proprietary metrics and real-time feedback from our customers to build a forward-looking view of our markets and demand. Before going through that view, let me first step through our results.