Corporación Inmobiliaria Vesta (NYSE:VTMX) Posts Quarterly Earnings Results, Misses Expectations By $1.10 EPS

Corporación Inmobiliaria Vesta (NYSE:VTMX) issued its quarterly earnings data on Tuesday. The company reported ($0.76) earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($1.10), Zacks reports. Corporación Inmobiliaria Vesta had a net margin of 164.44% and a return on equity of 15.40%. Corporación Inmobiliaria Vesta updated its FY 2025 guidance to EPS.

Corporación Inmobiliaria Vesta Stock Performance

Shares of VTMX traded down $0.19 during mid-day trading on Tuesday, hitting $26.73. The company’s stock had a trading volume of 204,896 shares, compared to its average volume of 171,261. The stock’s 50-day moving average is $25.57 and its two-hundred day moving average is $26.27. The firm has a market capitalization of $23.09 billion, a PE ratio of 6.05 and a beta of 0.95. The company has a debt-to-equity ratio of 0.31, a quick ratio of 4.59 and a current ratio of 4.59. Corporación Inmobiliaria Vesta has a one year low of $23.22 and a one year high of $41.44.

Analysts Set New Price Targets

Separately, Barclays cut their target price on shares of Corporación Inmobiliaria Vesta from $38.00 to $35.00 and set an “overweight” rating for the company in a research report on Wednesday, November 27th.

Corporación 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.