Earnings Summary

Vesta Real Estate Corp.’s revenue jumped 19.75% since last year same period to $62.34Mn in the Q2 2024. On a quarterly growth basis, Vesta Real Estate Corp. has generated 2.64% jump in its revenue since last 3-months.

Vesta Real Estate Corp.’s net profit jumped 12.69% since last year same period to $108.13Mn in the Q2 2024. On a quarterly growth basis, Vesta Real Estate Corp. has generated -13.61% fall in its net profits since last 3-months.

Vesta Real Estate Corp.’s net profit margin fell -5.89% since last year same period to 173.46% in the Q2 2024. On a quarterly growth basis, Vesta Real Estate Corp. has generated -15.83% fall in its net profit margins since last 3-months.

Vesta Real Estate Corp.’s price-to-earnings ratio after this Q2 2024 earnings stands at 5.79.

Vesta Real Estate Corp.’s earning per share (EPS) estimates for the current quarter stand at 0.46 - a 2.22% jump from last quarter’s estimates.

Vesta Real Estate Corp.’s earning per share (EPS) estimates for the current year stand at 0.46.

Vesta Real Estate Corp.’s earning per share (EPS) fell -13.07% since last year same period to 1.2 in the Q2 2024. This indicates that the Vesta Real Estate Corp. has generated -13.07% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

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 0.18 dividend per share during the earnings announcement for Q2 2024.