Corporación Inmobiliaria Vesta (NYSE:VTMX) Posts Earnings Results, Misses Expectations By $1.10 EPS

Corporación Inmobiliaria Vesta (NYSE:VTMX - Get Free Report) issued its quarterly earnings data on Tuesday. The company reported ($0.76) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($1.10), Zacks reports. The company had revenue of $65.20 million for the quarter, compared to the consensus estimate of $66.43 million. Corporación Inmobiliaria Vesta had a return on equity of 8.52% and a net margin of 88.52%. Corporación Inmobiliaria Vesta updated its FY 2025 guidance to EPS.

Corporación Inmobiliaria Vesta Stock Down 1.7 %

NYSE:VTMX traded down $0.43 during trading hours on Friday, reaching $24.45. 244,057 shares of the stock were exchanged, compared to its average volume of 182,158. The stock has a market cap of $21.13 billion, a PE ratio of 10.45 and a beta of 0.95. Corporación Inmobiliaria Vesta has a twelve month low of $23.22 and a twelve month high of $41.44. The firm has a 50 day moving average of $25.57 and a 200 day moving average of $26.21. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.68 and a quick ratio of 4.59.

Analyst Upgrades and Downgrades

Separately, Barclays lowered their target price on Corporación Inmobiliaria Vesta from $38.00 to $35.00 and set an "overweight" rating for the company in a report on Wednesday, November 27th.

Corporación Inmobiliaria Vesta Company Profile

Corporación Inmobiliaria Vesta, SAB. de C.V., together with its subsidiaries, acquires, develops, manages, operates, and leases industrial buildings and distribution facilities in Mexico. The company was incorporated in 1998 and is headquartered in Mexico City, Mexico.