Vesta Real Estate Corporation SAB de CV reports results for the quarter ended December 31 - Earnings Summary

Reuters
20 Feb
<a href="https://laohu8.com/S/VESTF">Vesta</a> Real Estate Corporation SAB de CV reports results for the quarter ended December 31 - Earnings Summary
  • Vesta Real Estate Corporation SAB de CV VTMX.N reported a quarterly adjusted loss of 80 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.60. The mean expectation of four analysts for the quarter was for earnings of 40 cents per share. Wall Street expected results to range from 30 cents to 47 cents per share.

  • Revenue rose 16.5% to $65.20 million from a year ago; analysts expected $65.79 million.

  • Vesta Real Estate Corporation SAB de CV's reported EPS for the quarter was a loss of 80 cents​.

  • The company reported a quarterly loss of $62.64 million.

  • Vesta Real Estate Corporation SAB de CV shares had fallen by 2.7% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 16.5% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the real estate rental, development & operations peer group is also "buy"

Wall Street's median 12-month price target for Vesta Real Estate Corporation SAB de CV is $33.60

This summary was machine generated from LSEG data February 20 at 11:40 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.40

-0.80

Missed

Sep. 30 2024

0.34

1.20

Beat

Jun. 30 2024

0.45

1.20

Beat

Mar. 31 2024

0.41

1.40

Beat

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