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VTMX

Vesta Real Estate Corp.

$30.18

Earnings Summary

Revenue
$60.74Mn
Net Profits
$125.17Mn
Net Profit Margins
206.09%
PE Ratio
6.38

Highlights

Revenue:

Vesta Real Estate Corp.’s revenue jumped 21% since last year same period to $60.74Mn in the Q1 2024. On a quarterly growth basis, Vesta Real Estate Corp. has generated 7.67% jump in its revenue since last 3-months.

Net Profits:

Vesta Real Estate Corp.’s net profit jumped 305.38% since last year same period to $125.17Mn in the Q1 2024. On a quarterly growth basis, Vesta Real Estate Corp. has generated 9.2% jump in its net profits since last 3-months.

Net Profit Margins:

Vesta Real Estate Corp.’s net profit margin jumped 235.02% since last year same period to 206.09% in the Q1 2024. On a quarterly growth basis, Vesta Real Estate Corp. has generated 1.41% jump in its net profit margins since last 3-months.

PE Ratio:

Vesta Real Estate Corp.’s price-to-earnings ratio after this Q1 2024 earnings stands at 6.38.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Vesta Real Estate Corp. post its latest quarter earnings

EPS Estimate Current Quarter
0.45
EPS Estimate Current Year
0.45

Highlights

EPS Estimate Current Quarter:

Vesta Real Estate Corp.’s earning per share (EPS) estimates for the current quarter stand at 0.45 - a 9.76% jump from last quarter’s estimates.

EPS Estimate Current Year:

Vesta Real Estate Corp.’s earning per share (EPS) estimates for the current year stand at 0.45.

Key Ratios

Key ratios of the Vesta Real Estate Corp. post its Q1 2024 earnings

Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.18
Dividend Per Share (DPS)
0.17

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Vesta Real Estate Corp.’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Vesta Real Estate Corp.’s return on equity (ROE) stands at 0.18.

Dividend Per Share (DPS):

Vesta Real Estate Corp. declared 0.17 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-03-31
0.41
1.4
241.46%