Whitestone REIT Q3 2024 FFO $0.25 Misses $0.26 Estimate, Sales $38.633M Beat $38.287M Estimate
Portfolio Pulse from Benzinga Newsdesk
Whitestone REIT reported Q3 2024 earnings per share of $0.25, missing the consensus estimate of $0.26. However, sales were $38.633 million, surpassing the estimate of $38.287 million and showing a 4.04% increase from the previous year.
October 30, 2024 | 8:59 pm
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NEUTRAL IMPACT
Whitestone REIT's Q3 2024 earnings per share missed estimates, but sales exceeded expectations and increased year-over-year.
The earnings per share miss could negatively impact investor sentiment, but the sales beat and year-over-year growth may offset this, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100