FIBRA Prologis (FBBPF) Projected to Post Earnings on Monday

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

FIBRA Prologis Stock Performance

OTCMKTS:FBBPF traded up $0.06 on Friday, hitting $4.94. 292 shares of the stock were exchanged, compared to its average volume of 10,194. The company’s 50-day moving average price is $4.55 and its 200 day moving average price is $4.17. FIBRA Prologis has a 52 week low of $2.89 and a 52 week high of $5.18.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on FBBPF shares. Barclays restated an “overweight” rating on shares of FIBRA Prologis in a report on Thursday, November 20th. Itau BBA Securities downgraded FIBRA Prologis from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 20th. Finally, Santander raised FIBRA Prologis to an “outperform” rating in a research report on Monday, December 15th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, FIBRA Prologis has an average rating of “Moderate Buy”.

About FIBRA Prologis

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.