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Stock impact report

Stratus Properties Inc. Reports Third-Quarter and Nine-Month 2024 Results [Yahoo! Finance]

Stratus Properties Inc. (STRS) 
US:NASDAQ Investor Relations: stratusproperties.com/investors
Company Research Source: Yahoo! Finance
operations in the Austin, Texas area and other select markets in Texas, today reported third-quarter and nine-month 2024 results. Highlights and Recent Developments: Net loss attributable to common stockholders totaled $0.4 million, or $0.05 per diluted share, in third-quarter 2024, compared to net loss attributable to common stockholders of $2.8 million, or $0.36 per diluted share, in third-quarter 2023. During the first nine months of 2024, net income attributable to common stockholders totaled $2.5 million, or $0.30 per diluted share, compared to net loss attributable to common stockholders of $13.9 million, or $1.74 per diluted share, during the first nine months of 2023. Revenues for third-quarter 2024 were $8.9 million compared to revenues of $3.7 million for third-quarter 2023, with the increase primarily due to the sale of one Amarra Villas home in third-quarter 2024 for $4.0 million, compared to none sold in third-quarter 2023, as well as an increase in rental revenue p Show less Read more
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