earnings
confidence high
sentiment negative
materiality 0.75
Stratus Properties reports Q1 net loss of $2.9M; revenue drops to $5.0M
STRATUS PROPERTIES INC
2025-Q1 EPS reported
-$0.36
revenue$5,043,000
- Net loss attributable to common stockholders of $2.9M ($0.36 diluted) vs net income of $4.6M ($0.56) in Q1 2024.
- Revenue fell to $5.0M from $26.5M, driven by no land or home sales in Q1 2025 vs 47 acres and two villas sold in prior year.
- EBITDA negative $2.3M compared to positive $5.2M in Q1 2024.
- First units at The Saint George available in April 2025; completion of Amarra Villas and Holden Hills Phase 1 expected in Q2 2025.
- Entered contract to sell West Killeen Market for $13.3M, expected to close Q2 2025; project refinancings raised ~$4.2M net cash.