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STRS

Stratus Properties Inc.

https://www.stratusproperties.com

Industry

Real Estate - Diversified

Stratus Properties Inc., a real estate company, engages in the acquisition, entitlement, development, management, and sale of commercial, and multi-and single-family residential real estate properties primarily in Texas. The company operates in two segments, Real Estate Operations and Leasing Operations. Its leasing operations cover lease of space at retail and mixed-use, and multi-family properties. Stratus Properties Inc. was incorporated in 1992 and is headquartered in Austin, Texas.

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Stratus Properties (NASDAQ:STRS) reported Q2 EPS of $(0.21), a significant improvement from $(0.64) YoY. Sales increased by 140.79% to $8.50M from $3.53M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 12:37 pm

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.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:45 pm

Stratus Properties (NASDAQ:STRS) reported a Q4 EPS of $(0.16), improving from $(0.51) YoY. However, sales decreased to $4.27M from $13.30M YoY, marking a 67.90% decline.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 3:10 pm

Stratus Properties Inc. (STRS) received an unsolicited acquisition proposal from NXSTEP Opportunity Partners at $27.18 per share, which was later increased to $27.30 per share. Stratus' Board unanimously rejected the offer, stating it undervalues the company. Oasis Management Company Ltd., a Stratus stockholder, supports NXSTEP's proposal. Stratus plans to consider its options and respond to NXSTEP accordingly.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 10:35 pm

Stratus Properties reported a year-over-year decline in earnings per share, from $(0.29) to $(0.35), and a decrease in revenue from $9.977 million to $3.669 million.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 1:17 pm

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.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 12:18 pm

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