Earnings Summary

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.

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.

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.

Vesta Real Estate Corp.’s price-to-earnings ratio after this Q1 2024 earnings stands at 6.2.

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.

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

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.

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.

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