FIBRA Macquarie Mexico (DBMBF)
OTHER OTC:DBMBF
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Earnings Data
Report Date
Jul 24, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.13Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial performance: record EBITDA and FFO, healthy industrial leasing spreads (13.8%), strong NOI and occupancy near historical levels (~94.6%), sizeable liquidity ($835M), attractive refinancing terms (200M revolver at 105 bps), and a strategic land acquisition that supports long-term growth. Offsetting factors include a modest QoQ occupancy dip (single cinema move-out), a market-wide vacancy uptick of ~100 bps driven by a wait-and-see posture around USMCA renewal, near-term non-contribution of the land bank to NOI, and added funding/transaction costs that modestly pressure AFFO. On balance, the strength of operating metrics, liquidity position, and strategic initiatives outweigh the near-term headwinds and uncertainty.Company Guidance
Record EBITDA and FFO
Reported record quarterly EBITDA of $55.1 million (up 6.7% YoY) and record quarterly FFO of $38.5 million (up 6.8% YoY).
AFFO Growth and NAV Increase
AFFO per certificate of MXN 0.65 (up sequentially and annually in USD terms). Updated full-year 2026 AFFO guidance to MXN 2.54–2.64 per certificate. NAV per certificate increased to MXN 49.7 (up 1.2% QoQ).
Strong Industrial Leasing Activity
Executed new and renewal leases on ~1.6 million sq ft GLA (a 12-month high). Achieved leasing spreads of 13.8% and overall rental rate increase of 6.1% YoY.
Industrial NOI and Occupancy
Industrial NOI reached $51.2 million (up 4.4% YoY). Quarter-end industrial occupancy was 94.6% with a manageable lease expiration profile of 7.3% for the remainder of the year.
Retail Portfolio Stability
Retail leasing volume of ~22,000 sq meters; retail NOI increased 3.6% sequentially. Management expects full-year retail NOI to steadily increase as low-impact move-outs are worked through.
Strategic Land Acquisition in Tijuana
Completed largest land acquisition to date: 124-hectare parcel in Tijuana for $114 million supporting up to 3.4 million sq ft of Class A industrial space and a dedicated 90-MW substation. Transaction structured with favorable 3-year payment terms and ~35% paid at closing.
Stronger Liquidity and Attractive Financing
Total available liquidity of $835 million. Refinanced and upsized a sustainability-linked revolving credit facility to $200 million with an all-time low credit spread of 105 bps. Debt is 99% fixed with a weighted average tenor of 3.5 years.
ESG and Sustainability Progress
Published first-time S1 and S2 reports and achieved another LEED Platinum certification with a record score of 91 points for an industrial development that stabilized at a strong double-digit yield.
DBMBF 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
DBMBF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2026 | $2.52 | $2.53 | +0.40% |
Feb 13, 2026 | $2.12 | $2.12 | 0.00% |
Oct 24, 2025 | $1.56 | $1.59 | +1.86% |
Jul 25, 2025 | $1.66 | $1.66 | 0.00% |
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.
FAQ
When does FIBRA Macquarie Mexico (DBMBF) report earnings?
FIBRA Macquarie Mexico (DBMBF) is schdueled to report earning on Jul 24, 2026, After Close (Confirmed).
What is FIBRA Macquarie Mexico (DBMBF) earnings time?
FIBRA Macquarie Mexico (DBMBF) earnings time is at Jul 24, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What is DBMBF EPS forecast?
Currently, no data Available