---
schema_version: "secwatch.filing_event.v1"
accession: "0000885508-24-000057"
form_type: "8-K"
ticker: "STRS"
cik: "0000885508"
company_name: "STRATUS PROPERTIES INC"
filed_at: "2024-08-13T23:59:59+00:00"
generated_at: "2026-05-31T09:55:20.565828+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Stratus Properties swings to net income in H1 2024; Q2 loss narrows to $0.21/share

## Summary
- Net income attributable to common stockholders of $2.8M ($0.35/diluted) for H1 2024 vs. loss of $11.1M ($1.39) in H1 2023.
- Q2 2024 net loss narrowed to $1.7M ($0.21/diluted) from $5.3M ($0.66) in Q2 2023.
- Revenues rose to $35.0M in H1 2024 from $9.3M, driven by $14.5M land sale and $11.3M home sales.
- The Saint June reached 98% occupancy; contract to sell Magnolia Place retail for $8.9M expected to close mid-August.
- New $5.0M share repurchase program authorized; no purchases as of June 30.

## SEC filing metadata
- accession: 0000885508-24-000057
- form_type: 8-K
- ticker: STRS
- cik: 0000885508
- company_name: STRATUS PROPERTIES INC
- filed_at: 2024-08-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885508/000088550824000057/0000885508-24-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885508/000088550824000057/strs-20240813.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885508-24-000057
- JSON: https://secwatch.observer/filing/0000885508-24-000057.json
- Plain text: https://secwatch.observer/filing/0000885508-24-000057.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.