FIBRA Prologis (FBBPF) Projected to Post Earnings on Friday

FIBRA Prologis (OTCMKTS:FBBPF) is expected to be posting its resultson Friday, July 24th. Analysts expect the company to announce earnings of $0.0634 per share and revenue of $175.4390 million for the quarter.

FIBRA Prologis Stock Down 3.9%

Shares of FIBRA Prologis stock opened at $4.36 on Wednesday. FIBRA Prologis has a 12 month low of $3.49 and a 12 month high of $5.18. The business has a fifty day simple moving average of $4.55 and a 200 day simple moving average of $4.59.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Zacks Research raised FIBRA Prologis to a “hold” rating in a research note on Wednesday, May 13th. Barclays reissued an “overweight” rating on shares of FIBRA Prologis in a research note on Monday, May 4th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, FIBRA Prologis has a consensus 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.