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Corporacion Inmobiliaria Vesta S.A.B. de C.V. ADR (VTMX)
NYSE:VTMX
RESEARCH TOOLSreports
Earnings Data
Report Date
Jul 17, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.43Last Year’s EPS
1.24Same Quarter Last Year
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: 5.39%
|Next Earnings Date:Jul 17, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed sentiment with strong revenue growth, successful share buybacks, and strategic land acquisitions, countered by decreased pre-tax income, slowed leasing activity, and increased costs impacting profitability.Company Guidance
During the Vesta First Quarter 2025 Earnings Conference Call, management provided several key metrics and insights into the company's performance and strategic direction. Vesta reported a 10.7% increase in total revenues, reaching $60.6 million, primarily driven by new leases and inflationary rental adjustments. The company's adjusted net operating income rose by 8.5% to $62.1 million, while the adjusted EBITDA increased by 9.3% to $55 million. Vesta's leasing activity for the quarter amounted to $1.4 million, with 139,000 square feet of new contracts and 1.2 million square feet in lease renewals. The company also highlighted a weighted average rent spread of 11.5% and same-store NOI growth of 4.3% year-over-year. Vesta's loan-to-value ratio stood at 20.6%, and they executed a share buyback worth $36 million, acquiring 15.5 million shares. Additionally, they made strategic land acquisitions in Mexico City and Monterrey, aligning with their Route 2030 strategy, which focuses on urban infill markets and sectors like e-commerce and last-mile logistics.Strong Revenue Growth
Total revenues increased by 10.7% reaching $60.6 million, primarily due to rental revenues from new leases and inflationary adjustments.
Successful Share Buyback
Vesta executed a major share buyback of 15.5 million shares worth $36 million, returning value to shareholders at a substantial discount to net value.
High Tenant Retention and Leasing Activity
Achieved an 11.5% trailing 12-month weighted average spread, with 139,000 square feet of new contracts and 1.2 million square feet in lease renewals.
Strategic Land Acquisitions
Made targeted land acquisitions in Mexico City and Monterrey, aligning with strategic growth in e-commerce and last-mile logistics.
Strong Financial Position
Loan to value ratio at 20.6% following a $50 million debt repayment, maintaining flexibility for future investments.
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Corporacion Inmobiliaria Vesta S.A.B. de C.V. ADR (VTMX) Earnings, Revenues Date & History
VTMX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VTMX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 23, 2025 | $25.60 | $26.72 | +4.37% |
| Feb 18, 2025 | $26.62 | $24.71 | -7.18% |
| Oct 24, 2024 | $25.22 | $24.94 | -1.11% |
| Jul 25, 2024 | $28.74 | $28.68 | -0.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Corporacion Inmobiliaria Vesta S.A.B. de C.V. ADR (VTMX) report earnings?
Corporacion Inmobiliaria Vesta S.A.B. de C.V. ADR (VTMX) is schdueled to report earning on Jul 17, 2025, TBA Not Confirmed.
What is Corporacion Inmobiliaria Vesta S.A.B. de C.V. ADR (VTMX) earnings time?
Corporacion Inmobiliaria Vesta S.A.B. de C.V. ADR (VTMX) earnings time is at Jul 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VTMX EPS forecast?
VTMX EPS forecast for the fiscal quarter 2025 (Q2) is 0.43.
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