Whitestone REIT Q2 2024 FFO $0.22 Misses $0.24 Estimate, Sales $37.647M Miss $37.657M Estimate
Portfolio Pulse from Benzinga Newsdesk
Whitestone REIT (NYSE:WSR) reported Q2 2024 earnings of $0.22 per share, missing the analyst estimate of $0.24. Sales were $37.647 million, slightly below the $37.657 million estimate but up 3.26% from last year.
July 31, 2024 | 8:47 pm
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Whitestone REIT's Q2 2024 earnings missed analyst estimates with an EPS of $0.22 versus the expected $0.24. Sales were slightly below expectations but showed a year-over-year increase.
The earnings miss by 8.33% is likely to have a negative short-term impact on the stock price. Although sales were only slightly below estimates and showed a year-over-year increase, the earnings miss is more significant for investors.
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