Stratus Properties Q2 EPS $(0.64) Down From $0.09 YoY, Sales $3.53M Down From $11.13M YoY
Portfolio Pulse from Benzinga Newsdesk
Stratus Properties (NASDAQ:STRS) reported Q2 losses of $(0.64) per share, a decrease of 811.11% from $0.09 per share YoY. Sales also decreased by 68.27% to $3.53 million from $11.13 million YoY.
August 14, 2023 | 12:18 pm
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Stratus Properties reported a significant decrease in Q2 earnings and sales YoY. This could negatively impact the company's stock price in the short term.
Stratus Properties reported a significant decrease in both earnings and sales compared to the same period last year. This indicates a potential financial instability which could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100