Whitestone REIT Q2 EPS $0.21 Down From $0.25 YoY, Sales $36.46M Beat $36.33M Estimate
Portfolio Pulse from Benzinga Newsdesk
Whitestone REIT reported Q2 earnings of $0.21 per share, a 16% decrease YoY. However, the company's quarterly sales of $36.46M beat the analyst consensus estimate of $36.33M by 0.36%, marking a 4.18% increase YoY.
August 04, 2023 | 10:31 am
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Whitestone REIT's Q2 earnings fell 16% YoY, but sales beat estimates and increased 4.18% YoY.
While Whitestone REIT's earnings have decreased, the company has managed to beat sales estimates and increase sales YoY. This mixed result could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100