FIBRA Prologis (FBBPF) Projected to Release Earnings on Friday

FIBRA Prologis (OTCMKTS:FBBPF) is expected to be releasing its resultson Friday, July 24th. Analysts expect FIBRA Prologis to announce earnings of $0.0636 per share and revenue of $175.60 million for the quarter.

FIBRA Prologis Stock Up 0.0%

OTCMKTS:FBBPF opened at $4.36 on Thursday. FIBRA Prologis has a 1 year low of $3.49 and a 1 year high of $5.18. The stock’s 50 day simple moving average is $4.55 and its two-hundred day simple moving average is $4.59.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on FBBPF shares. Zacks Research raised shares of FIBRA Prologis to a “hold” rating in a report on Wednesday, May 13th. Barclays reaffirmed an “overweight” rating on shares of FIBRA Prologis in a research note on Monday, May 4th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus 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.