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FIBRA PROLOGIS REIT CTFS Earnings Calls
| Release date | Apr 29, 2026 |
| EPS estimate | $0.0624 |
| EPS actual | $0.107 |
| EPS Surprise | 72.06% |
| Revenue estimate | 167.159M |
| Revenue actual | 174.07M |
| Revenue Surprise | 4.13% |
| Release date | Feb 23, 2026 |
| EPS estimate | $0.0601 |
| EPS actual | $0.116 |
| EPS Surprise | 92.78% |
| Revenue estimate | 165.008M |
| Revenue actual | 169.073M |
| Revenue Surprise | 2.46% |
| Release date | Oct 28, 2025 |
| EPS estimate | $0.0616 |
| EPS actual | $0.0545 |
| EPS Surprise | -11.49% |
| Revenue estimate | 165.873M |
| Revenue actual | 164.421M |
| Revenue Surprise | -0.87% |
| Release date | Jul 28, 2025 |
| EPS estimate | $0.0581 |
| EPS actual | $0.0967 |
| EPS Surprise | 66.56% |
| Revenue estimate | 169.37M |
| Revenue actual | 169.119M |
| Revenue Surprise | -0.148% |
Last 4 Quarters for FIBRA PROLOGIS REIT CTFS
Below you can see how FBBPF performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Jul 28, 2025 |
| Price on release | $1.39 |
| EPS estimate | $0.0581 |
| EPS actual | $0.0967 |
| EPS surprise | 66.56% |
| Date | Price |
|---|---|
| Jul 22, 2025 | $1.38 |
| Jul 23, 2025 | $1.43 |
| Jul 24, 2025 | $1.41 |
| Jul 25, 2025 | $1.34 |
| Jul 28, 2025 | $1.39 |
| Jul 29, 2025 | $1.39 |
| Jul 30, 2025 | $1.39 |
| Jul 31, 2025 | $1.39 |
| Aug 01, 2025 | $1.47 |
| 4 days before | 1.22% |
| 4 days after | 5.65% |
| On release day | 0% |
| Change in period | 6.94% |
| Release date | Oct 28, 2025 |
| Price on release | $1.55 |
| EPS estimate | $0.0616 |
| EPS actual | $0.0545 |
| EPS surprise | -11.49% |
| Date | Price |
|---|---|
| Oct 22, 2025 | $1.52 |
| Oct 23, 2025 | $1.56 |
| Oct 24, 2025 | $1.47 |
| Oct 27, 2025 | $1.56 |
| Oct 28, 2025 | $1.55 |
| Oct 29, 2025 | $1.49 |
| Oct 30, 2025 | $1.49 |
| Oct 31, 2025 | $1.52 |
| Nov 03, 2025 | $1.46 |
| 4 days before | 2.07% |
| 4 days after | -5.63% |
| On release day | -3.75% |
| Change in period | -3.68% |
| Release date | Feb 23, 2026 |
| Price on release | $4.87 |
| EPS estimate | $0.0601 |
| EPS actual | $0.116 |
| EPS surprise | 92.78% |
| Date | Price |
|---|---|
| Feb 17, 2026 | $5.08 |
| Feb 18, 2026 | $5.02 |
| Feb 19, 2026 | $5.02 |
| Feb 20, 2026 | $5.02 |
| Feb 23, 2026 | $4.87 |
| Feb 24, 2026 | $4.64 |
| Feb 25, 2026 | $4.78 |
| Feb 26, 2026 | $4.63 |
| Feb 27, 2026 | $4.80 |
| 4 days before | -4.06% |
| 4 days after | -1.62% |
| On release day | -4.76% |
| Change in period | -5.61% |
| Release date | Apr 29, 2026 |
| Price on release | $4.74 |
| EPS estimate | $0.0624 |
| EPS actual | $0.107 |
| EPS surprise | 72.06% |
| Date | Price |
|---|---|
| Apr 23, 2026 | $5.09 |
| Apr 24, 2026 | $4.72 |
| Apr 27, 2026 | $4.92 |
| Apr 28, 2026 | $4.81 |
| Apr 29, 2026 | $4.74 |
| Apr 30, 2026 | $4.75 |
| May 01, 2026 | $4.72 |
| May 04, 2026 | $4.72 |
| May 05, 2026 | $4.81 |
| 4 days before | -6.88% |
| 4 days after | 1.39% |
| On release day | 0.211% |
| Change in period | -5.58% |
FIBRA PROLOGIS REIT CTFS Earnings Call Transcript Summary of Q1 2026
Key points for investors:
- Leadership change: CEO Hector Ibarzábal announced this is his final earnings call and will step down at the end of June. CFO Jorge Girault will assume the CEO role and Alexandra Violante will become CFO. Management emphasizes continuity and internal promotions.
- Transaction update: FIBRA Prologis launched a tender offer for 100% of FIBRA Macquarie (opened April 7, closing May 12) and has required approvals; no further commentary on progress per regulation.
- Operations and leasing: Net absorption was 4.3 million sq ft in Q1 (below 2025 averages) and leasing activity was 3.6 million sq ft. Period-end and average occupancy remained strong at ~97%. Vacancy across six markets rose 70 bps to 6.8%, driven by move-outs in consumption markets. Deliveries totaled 9 million sq ft (24% below 2025 average). Border markets softened (e.g., Tijuana), while consumption markets (Mexico City, etc.) continue to show modest rent growth and remain the focus.
- Financials and guidance: FFO was $99.6 million ($0.06 per certificate), roughly flat year-over-year; AFFO was ~ $80 million and in line with expectations. Same-store cash and GAAP NOI grew ~9.9% and 10.7%, respectively. Net effective rent change for the quarter/12 months was close to 60%, and the portfolio mark-to-market stands above ~30–33%. Guidance remains unchanged.
- Balance sheet and reporting: Management stresses a conservative financial profile, healthy LTV, extended maturities and use of financial flexibility to create investor value. Starting this year, reporting will be presented exclusively in U.S. dollars (functional currency).
- Strategy and portfolio management: Focus remains on six key industrial markets in Mexico (three border, three consumption). Management will continue to exit non-core markets but is harvesting value (notably large rent uplifts on the Terrafina portfolio) and will sell to the right buyer/timing. Prologis sponsorship (customer relationships, market intelligence, clean energy, low-cost capital) is highlighted as a competitive advantage.
- Risks and outlook: Near-term uncertainty from USMCA/tariff-related impacts and regional geopolitical tensions has caused some softness, particularly in border markets, but management expects these to be transient and remains constructive on medium- to long-term fundamentals. Development pipeline has declined meaningfully since 2023, supporting stabilization in vacancy going forward.
