Corporacion Inmobiliaria Vesta (NYSE:VTMX) Releases Quarterly Earnings Results, Misses Expectations By $0.18 EPS

Key Points

• Corporacion Inmobiliaria Vesta reported earnings of $0.32 per share, missing analysts' expectations by $0.18, with revenue of $62.20 million versus a consensus of $1.43 billion.
• Shares of Corporacion Inmobiliaria Vesta traded up to $26.66, with a market cap of $23.04 billion and a PE ratio of 140.34.
• Despite recent upgrades and downgrades by various analysts, the consensus rating for the stock is "Hold" with a target price of $31.33.

Corporacion Inmobiliaria Vesta (NYSE:VTMX - Get Free Report) posted its earnings results on Thursday. The company reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.50 by ($0.18), Zacks reports. The firm had revenue of $62.20 million for the quarter, compared to analyst estimates of $1.43 billion. Corporacion Inmobiliaria Vesta had a return on equity of 1.24% and a net margin of 12.15%. Corporacion Inmobiliaria Vesta updated its FY 2025 guidance to EPS.

Corporacion Inmobiliaria Vesta Price Performance

Shares of NYSE:VTMX traded down $0.10 on Wednesday, reaching $27.65. 129,938 shares of the company were exchanged, compared to its average volume of 208,211. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 0.35. Corporacion Inmobiliaria Vesta has a 1-year low of $21.30 and a 1-year high of $30.73. The firm has a market cap of $23.89 billion, a price-to-earnings ratio of 145.53, a price-to-earnings-growth ratio of 4.39 and a beta of 0.68. The company has a 50-day moving average of $27.46 and a 200-day moving average of $25.89.

Analyst Upgrades and Downgrades

Several research analysts have commented on VTMX shares. Scotiabank raised Corporacion Inmobiliaria Vesta to a "strong-buy" rating in a research report on Sunday, April 13th. UBS Group dropped their price objective on shares of Corporacion Inmobiliaria Vesta from $38.00 to $36.00 and set a "buy" rating on the stock in a research note on Friday, July 18th. Wall Street Zen lowered shares of Corporacion Inmobiliaria Vesta from a "hold" rating to a "sell" rating in a research note on Saturday. Finally, Barclays boosted their price target on Corporacion Inmobiliaria Vesta from $37.00 to $38.00 and gave the company an "overweight" rating in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Corporacion Inmobiliaria Vesta currently has a consensus rating of "Hold" and an average target price of $31.67.

Corporacion 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.