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

Corporación Inmobiliaria Vesta (NYSE:VTMX) is expected to issue its quarterly earnings data 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.Parties interested in listening to the company’s conference call can do so using this link.

Corporación Inmobiliaria Vesta (NYSE:VTMX) last released its 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). The business had revenue of $65.20 million during the quarter, compared to the consensus estimate of $66.43 million. Corporación Inmobiliaria Vesta had a net margin of 88.52% and a return on equity of 8.52%.

Corporación Inmobiliaria Vesta Trading Down 1.5 %

Shares of Corporación Inmobiliaria Vesta stock opened at $22.96 on Wednesday. The firm has a market capitalization of $19.84 billion, a PE ratio of 9.81 and a beta of 0.89. 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’s 50 day moving average is $23.97 and its 200 day moving average is $24.96. Corporación Inmobiliaria Vesta has a 1 year low of $21.30 and a 1 year high of $37.92.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on VTMX shares. The Goldman Sachs Group reissued a “sell” rating and set a $21.00 target price (down previously from $31.00) on shares of Corporación Inmobiliaria Vesta in a research note on Tuesday, March 25th. Scotiabank raised Corporación Inmobiliaria Vesta to a “strong-buy” rating in a research report on Sunday. Finally, Barclays cut their target price on Corporación Inmobiliaria Vesta from $35.00 to $34.00 and set an “overweight” rating on the stock in a research report on Thursday, March 6th.

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.