FIBRA Storage Third Quarter 2024 Earnings: EPS: Mex$0.92 (vs Mex$0.41 in 3Q 2023)

FIBRA Storage (BMV:STORAGE18) Third Quarter 2024 Results

Key Financial Results

• Revenue: Mex$198.3m (up 45% from 3Q 2023).
• Net income: Mex$238.1m (up 122% from 3Q 2023).
• EPS: Mex$0.92 (up from Mex$0.41 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

FIBRA Storage Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Global REITs industry.

Performance of the market in Mexico.

The company's shares are up 1.2% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for FIBRA Storage that you should be aware of.

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