Stratus Properties Sees Q1 2024 EPS $0.56 Up From $(0.73) YoY; Revenue $26.507M Up From $5.802M YoY
Portfolio Pulse from Benzinga Newsdesk
Stratus Properties reported a significant improvement in its financial performance for Q1 2024, with EPS rising to $0.56 from a loss of $(0.73) year-over-year. Revenue also saw a substantial increase, reaching $26.507 million up from $5.802 million in the same period last year.
May 14, 2024 | 12:45 pm
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Stratus Properties reported a significant year-over-year improvement in Q1 2024, with EPS turning positive to $0.56 from a loss of $(0.73), and revenue increasing to $26.507 million from $5.802 million.
The reported financials indicate a strong turnaround and significant growth in both earnings per share (EPS) and revenue. This positive performance is likely to be viewed favorably by investors, potentially leading to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100