FIBRA Prologis (FBBPF) to Release Quarterly Earnings on Wednesday

FIBRA Prologis (OTCMKTS:FBBPF) is expected to be issuing its results after the market closes on Wednesday, April 29th. Analysts expect the company to announce earnings of $1.09 per share and revenue of $2.9607 billion for the quarter.

FIBRA Prologis Price Performance

OTCMKTS:FBBPF opened at $4.59 on Wednesday. FIBRA Prologis has a 12 month low of $3.25 and a 12 month high of $5.18. The company’s 50 day moving average is $4.58 and its 200-day moving average is $4.38.

Wall Street Analysts Forecast Growth

Separately, Itau BBA Securities lowered shares of FIBRA Prologis from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 20th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, FIBRA Prologis currently has an average rating of “Moderate Buy”.

About FIBRA Prologis

FIBRA Prologis (OTCMKTS: FBBPF) is a Mexican real estate investment trust specializing in the ownership, development and operation of industrial and logistics properties. Established in 2011 as the first Mexican Fibra backed by an international sponsor, the company focuses on acquiring and managing warehouse and distribution centers that serve manufacturing, retail and third-party logistics clients across Mexico’s key industrial corridors.

The trust’s core activities include leasing modern logistics facilities, executing build-to-suit developments and providing property management services tailored to the needs of multinational and domestic occupiers.