Corporación Inmobiliaria Vesta (VTMX) Projected to Post Quarterly Earnings on Wednesday

Corporación Inmobiliaria Vesta (NYSE:VTMX - Get Free Report) is expected to be releasing its earnings data after the market closes on Wednesday, April 23rd. Analysts expect Corporación Inmobiliaria Vesta to post 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.Persons interested in participating in the company's earnings 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 for the quarter, missing the consensus estimate of $0.34 by ($1.10). Corporación Inmobiliaria Vesta had a net margin of 88.52% and a return on equity of 8.52%. The company had revenue of $65.20 million for the quarter, compared to the consensus estimate of $66.43 million.

Corporación Inmobiliaria Vesta Price Performance

Shares of VTMX stock traded up $0.95 during trading hours on Friday, reaching $24.31. The stock had a trading volume of 257,556 shares, compared to its average volume of 181,289. The stock's fifty day simple moving average is $23.83 and its 200 day simple moving average is $24.89. The company has a current ratio of 2.68, a quick ratio of 4.59 and a debt-to-equity ratio of 0.31. The firm has a market capitalization 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.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on VTMX shares. Barclays decreased 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 report on Thursday, March 6th. The Goldman Sachs Group reissued a "sell" rating and set a $21.00 price objective (down previously from $31.00) on shares of Corporación Inmobiliaria Vesta in a report on Tuesday, March 25th. Finally, Scotiabank upgraded shares of Corporación Inmobiliaria Vesta to a "strong-buy" rating in a research report on Sunday, April 13th.

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.