Logistic Properties of the Americas (NYSEAMERICAN:LPA) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Logistic Properties of the Americas (NYSEAMERICAN:LPA) released its quarterly earnings results on Tuesday. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.02, FiscalAI reports. Logistic Properties of the Americas had a negative return on equity of 0.10% and a net margin of 26.55%. The firm had revenue of $15.38 million for the quarter, compared to analysts’ expectations of $14.94 million.

Logistic Properties of the Americas Trading Down 0.8%

Shares of NYSEAMERICAN:LPA opened at $2.46 on Thursday. The stock has a market capitalization of $77.79 million, a price-to-earnings ratio of 5.12 and a beta of 5.80. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.80 and a current ratio of 1.80. The stock’s 50-day simple moving average is $2.83 and its two-hundred day simple moving average is $3.03. Logistic Properties of the Americas has a 52-week low of $2.04 and a 52-week high of $4.38.

About Logistic Properties of the Americas

Logistic Properties of the Americas (NYSE American: LPA) is a logistics real estate company that owns, develops and operates industrial and warehouse properties in Latin America. Its portfolio is designed to support supply-chain, distribution and fulfillment activities for businesses that require modern logistics facilities. The company serves key logistics markets in Costa Rica, Colombia and Peru. Its properties are generally located near major population centers, transportation routes and commercial hubs, providing space for activities such as warehousing, distribution, light industrial operations and last-mile delivery.