earnings
confidence high
sentiment positive
materiality 0.70
Stratus reports Q2 net income $0.3M vs loss; cash rises on $47.8M JV distribution and asset sale
STRATUS PROPERTIES INC
2025-Q2 EPS reported
-$0.32
revenue$16,648,000
- Q2 net income $0.3M ($0.03 EPS) vs net loss $1.7M ($0.21 loss) in Q2 2024.
- Entered JV for Holden Hills Phase 2, received $47.8M cash distribution; sold West Killeen Market for $13.3M with $5.0M gain.
- Cash and equivalents $59.4M at June 30; no revolver drawn; $17.7M availability.
- Board raised share repurchase authorization from $5M to $25M; $22M remains.
- Completed The Saint George multi-family and last two Amarra Villas; infrastructure for Holden Hills Phase 1 substantially complete.
item 2.02item 9.01