Earnings

Corporación Inmobiliaria Vesta Reports Quarterly Earnings Miss

Published February 20, 2025

Corporación Inmobiliaria Vesta (NYSE:VTMX - Get Free Report) released its quarterly earnings on Tuesday, revealing a significant miss in earnings per share (EPS). The company reported a loss of ($0.76) per share, falling short of analysts' consensus estimate of $0.34 by $1.10, according to reports from Zacks. Additionally, Corporación Inmobiliaria Vesta showed a notable net margin of 164.44% and a return on equity of 15.40%. The company also updated its earnings guidance for the fiscal year 2025.

Corporación Inmobiliaria Vesta Stock Performance

During mid-day trading on Tuesday, VTMX shares fell by $0.19, bringing the price down to $26.73. The volume of shares traded was 204,896, which surpassed the average volume of 171,261 shares. The stock's 50-day moving average stands at $25.57, while the two-hundred day moving average is $26.27. Corporación Inmobiliaria Vesta has a market capitalization of $23.09 billion, a price-to-earnings (PE) ratio of 6.05, and a beta of 0.95. Its debt-to-equity ratio is recorded at 0.31, and both its quick and current ratios are at 4.59. Over the past year, the stock hit a low of $23.22 and a high of $41.44.

Analysts Set New Price Targets

In other news, Barclays has lowered its target price for Corporación Inmobiliaria Vesta from $38.00 to $35.00 and has maintained an "overweight" rating on the stock in a research report published on November 27th.

Corporación Inmobiliaria Vesta Company Profile

Corporación Inmobiliaria Vesta, SAB. de C.V., alongside its subsidiaries, is involved in the acquisition, development, management, operation, and leasing of industrial buildings and distribution facilities located in Mexico. Established in 1998, the company is headquartered in Mexico City, Mexico.

Featured Stories

  • Five stocks we like better than Corporación Inmobiliaria Vesta
  • Short Selling - The Pros and Cons
  • Hims & Hers Earnings Could Be a Game Changer—What to Do Now
  • The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
  • DeepSeek IPO Remains Far Off—Investors Eye 4 Chinese AI Stocks
  • Why Are Stock Sectors Important to Successful Investing?
  • Mortgage Market Bottom? Why Rocket Companies Could Be a Buy
earnings, stocks, performance