FIBRA Prologis (FBBPF) Projected to Post Quarterly Earnings on Monday

FIBRA Prologis (OTCMKTS:FBBPF) will likely be announcing 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

Shares of FBBPF stock traded up $0.06 on Friday, reaching $4.94. 292 shares of the company’s stock traded hands, compared to its average volume of 10,194. FIBRA Prologis has a 12-month low of $2.89 and a 12-month high of $5.18. The business’s 50 day moving average price is $4.55 and its two-hundred day moving average price is $4.17.

Analyst Upgrades and Downgrades

FBBPF has been the topic of several research analyst reports. Santander raised FIBRA Prologis to an “outperform” rating in a research note on Monday, December 15th. Barclays reaffirmed an “overweight” rating on shares of FIBRA Prologis in a research 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 analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, FIBRA Prologis currently 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.