Stratus Properties Inc. Reports Second-Quarter and Six-Month 2024 Results
Stratus Properties Inc. (STRS)
US:NASDAQ Investor Relations:
stratusproperties.com/investors
Company Research
Source: Business Wire
AUSTIN, Texas--(BUSINESS WIRE)--Stratus Properties Inc. (NASDAQ: STRS), a residential and retail focused real estate company with operations in the Austin, Texas area and other select markets in Texas, today reported second-quarter 2024 and six-month results.Highlights and Recent Developments:Net loss attributable to common stockholders totaled $1.7 million, or $0.21 per diluted share, in second-quarter 2024, compared to $5.3 million, or $0.66 per diluted share, in second-quarter 2023. During the first six months of 2024, net income attributable to common stockholders totaled $2.8 million, or $0.35 per diluted share, compared to net loss attributable to common stockholders of $11.1 million, or $1.39 per diluted share, during the first six months of 2023.Revenues for second-quarter 2024 were $8.5 million compared to revenues of $3.5 million for second-quarter 2023, with the increase primarily due to the sale of one Amarra Villas home in second-quarter 2024, compared to none sold in
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News
- Stratus Properties Inc. Completes Sale of Magnolia Place – Retail Realizing $30 Million of Cumulative Sales at Magnolia Place Over 3 YearsBusiness Wire
- Stratus Properties Inc. (NASDAQ: STRS) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Stratus Properties Inc. (NASDAQ: STRS) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
STRS
Sec Filings
- 9/4/24 - Form 4
- 8/19/24 - Form 8-K
- 8/13/24 - Form 10-Q
- STRS's page on the SEC website