FIBRA Prologis (FBBPF) Expected to Announce Quarterly Earnings on Monday

FIBRA Prologis (OTCMKTS:FBBPF) is expected to be posting its results before the market opens on Monday, February 23rd. Analysts expect FIBRA Prologis to post earnings of $0.0608 per share and revenue of $174.2980 million for the quarter.

FIBRA Prologis Price Performance

FBBPF stock traded up $0.06 during midday trading on Friday, hitting $4.94. 292 shares of the company’s stock were exchanged, compared to its average volume of 10,194. The firm has a 50 day moving average price of $4.55 and a 200-day moving average price of $4.17. FIBRA Prologis has a 12-month low of $2.89 and a 12-month high of $5.18.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Santander upgraded shares of FIBRA Prologis to an “outperform” rating in a research note on Monday, December 15th. Barclays reissued an “overweight” rating on shares of FIBRA Prologis in a report on Thursday, November 20th. Finally, Itau BBA Securities lowered shares of FIBRA Prologis from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 20th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

FIBRA Prologis Company Profile

FIBRA Prologis (OTCMKTS: FBBPF) is a Mexican real estate investment trust specializing in the ownership, development and operation of industrial and logistics properties. Established in 2011 as the first Mexican Fibra backed by an international sponsor, the company focuses on acquiring and managing warehouse and distribution centers that serve manufacturing, retail and third-party logistics clients across Mexico’s key industrial corridors.

The trust’s core activities include leasing modern logistics facilities, executing build-to-suit developments and providing property management services tailored to the needs of multinational and domestic occupiers.