FIBRA Macquarie México (DBMBF) to Post Quarterly Earnings on Thursday

FIBRA Macquarie México (OTCMKTS:DBMBF) will likely be issuing its resultson Thursday, July 23rd. Analysts expect FIBRA Macquarie México to post earnings of $0.0496 per share and revenue of $70.4540 million for the quarter.

FIBRA Macquarie México Price Performance

Shares of OTCMKTS DBMBF opened at $2.60 on Wednesday. The firm’s 50 day simple moving average is $2.51 and its 200-day simple moving average is $2.36. FIBRA Macquarie México has a 12 month low of $1.29 and a 12 month high of $2.76.

Wall Street Analysts Forecast Growth

Separately, Macquarie Infrastructure cut FIBRA Macquarie México from an “overweight” rating to a “neutral” rating in a research report on Sunday, April 26th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

FIBRA Macquarie México Company Profile

FIBRA Macquarie México is a Mexican real estate investment trust (FIBRA) that acquires, develops and manages income-producing properties across Mexico. Structured under Mexico’s FIBRA regime, the trust focuses on generating stable, long-term rental income through a diversified portfolio of industrial, office and retail assets. Its core business activities include property sourcing, asset management, tenant relations and lease administration, all overseen by Macquarie Asset Management.

The trust’s portfolio spans key economic regions in Mexico, including the Mexico City metropolitan area, the Bajío region, Guadalajara and Monterrey.