Corporación Inmobiliaria Vesta (VTMX) Expected to Announce Earnings on Wednesday

Corporación Inmobiliaria Vesta (NYSE:VTMX - Get Free Report) is expected to announce its earnings results after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of $0.50 per share and revenue of $1.46 billion for the quarter. Corporación Inmobiliaria Vesta has set its FY 2025 guidance at EPS.Investors interested in participating in the company's conference call can do so using this link.

Corporación Inmobiliaria Vesta (NYSE:VTMX - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The company reported ($0.76) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by ($1.10). Corporación Inmobiliaria Vesta had a return on equity of 8.52% and a net margin of 88.52%. The business had revenue of $65.20 million for the quarter, compared to analysts' expectations of $66.43 million.

Corporación Inmobiliaria Vesta Stock Up 4.0 %

Shares of VTMX traded up $0.95 during mid-day trading on Friday, reaching $24.31. The company's stock had a trading volume of 257,556 shares, compared to its average volume of 180,309. The company's 50 day moving average is $23.87 and its 200 day moving average is $24.93. The stock has a market cap of $21.00 billion, a PE ratio of 10.39 and a beta of 0.89. Corporación Inmobiliaria Vesta has a 12-month low of $21.30 and a 12-month high of $37.92. 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 Ratings Changes

VTMX has been the topic of several research analyst reports. Barclays cut their price target on shares of Corporación Inmobiliaria Vesta from $35.00 to $34.00 and set an "overweight" rating on the stock in a research note on Thursday, March 6th. The Goldman Sachs Group reiterated a "sell" rating and issued a $21.00 target price (down from $31.00) on shares of Corporación Inmobiliaria Vesta in a research note on Tuesday, March 25th. Finally, Scotiabank raised Corporación Inmobiliaria Vesta to a "strong-buy" rating in a report on Sunday, April 13th.

About Corporación Inmobiliaria Vesta

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.