NYSE$VTMX
Corp Inmobiliaria Vesta Sab De Cv · Q1 2025 earnings
Q1 2025 earnings · · After market close · Investor relations
Briefing
Industrial REIT Vesta lifts Q1 rental income 11% to $67M as FFO rises to $45M
Corporación Inmobiliaria Vesta reported a solid start to 2025 for the quarter ended March 31, 2025. Total rental income rose 10.7% year over year to $67.1 million, while revenue excluding energy increased 8.6% to $64.9 million on new leases and inflation-linked rent adjustments. Adjusted NOI grew 8.5% to $62.1 million with a 95.7% margin, and adjusted EBITDA increased 9.3% to $55.3 million with an 85.2% margin. Vesta FFO reached $45.0 million, up 11.4%. Profit for the period was $14.9 million and total comprehensive income was $12.3 million; diluted EPS was $0.0142. Management reaffirmed full-year 2025 guidance and highlighted active share repurchases totaling $36.4 million in the quarter.
- Total rental income of $67.1M rose 10.7% YoY; revenue excluding energy reached $64.9M (+8.6%) on new contracts and inflation benefits.
- Adjusted NOI of $62.1M (+8.5%) carried a 95.7% margin; adjusted EBITDA of $55.3M (+9.3%) carried an 85.2% margin.
- Vesta FFO increased 11.4% to $45.0M; diluted EPS was $0.0142 on average diluted shares of 867.9 million.
- Profit for the period was $14.9M and total comprehensive income was $12.3M, down from a $124.0M comprehensive gain in Q1 2024.
- Management reaffirmed FY 2025 guidance and repurchased $36.4M of shares during the quarter under its $50M buyback program.
Headline financials
Revenue & EPS history
Vesta · Revenue · Quarterly
$67.1M
Forward guidance
Vesta reaffirmed its full-year 2025 financial guidance issued with prior results.
Tailwinds
- Reaffirmed FY 2025 guidance
- Strong leasing momentum and inflation-linked rent growth
- $50M share repurchase program with $36.4M executed in Q1
Headwinds
- Lower comprehensive income versus prior-year quarter driven by non-recurring gains in Q1 2024
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 8 quarterly earnings reports · overlaid with Q1 2025
-0.2%
Avg return
Earnings day
-0.5%
Avg return
5 days after
+4.4%
Avg return
30 days after
33%
3 / 9 earnings
Positive
+6.5%
Q4 2026
Best reaction
-7.2%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q4 2026 | +6.5% | -1.4% | -5.6% | |
| Q2 2025 | +0.0% | +8.9% | +15.4% | |
| Q1 2025 | +4.4% | +7.6% | +14.2% | |
| Q4 2024 | -7.2% | -10.3% | -12.2% | |
| Q2 2024 | -2.6% | -6.6% | -3.1% | |
| Q1 2024 | +1.6% | -0.3% | +0.6% | |
| Q4 2023 | -0.5% | -2.2% | +6.4% | |
| Q3 2023 | -0.7% | +2.0% | +21.1% | |
| Q2 2023 | -3.2% | -1.9% | +2.7% | |
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