---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-029526"
form_type: "8-K"
ticker: "WSR"
cik: "0001175535"
company_name: "Whitestone REIT"
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T04:13:46.557621+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Whitestone REIT Q3 FFO $0.23, rev $37.1M, same-store NOI up 4.9%

## Summary
- Revenue $37.1M (+4.9% YoY); net income $2.5M ($0.05 diluted EPS) vs $3.9M ($0.08) prior year.
- FFO per diluted share $0.23 vs $0.24; EBITDAre $20.4M vs $19.4M (both YoY).
- Same-store NOI grew 4.9% to $23.2M; GAAP leasing spreads 24.4% (new 23.6%, renewals 24.6%).
- Occupancy 92.7%; 1,455 tenants; quarterly dividend $0.12 per share reaffirmed.
- Reiterated FY 2023 FFO guidance $0.90-$0.94 per diluted share; net income guidance $21.5M-$23.6M.

## SEC filing metadata
- accession: 0001437749-23-029526
- form_type: 8-K
- ticker: WSR
- cik: 0001175535
- company_name: Whitestone REIT
- filed_at: 2023-10-31T23:59:59+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/1175535/000143774923029526/0001437749-23-029526-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1175535/000143774923029526/wstr20230816_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-029526
- JSON: https://secwatch.observer/filing/0001437749-23-029526.json
- Plain text: https://secwatch.observer/filing/0001437749-23-029526.txt

## Key facts
- Earnings Releases
  Whitestone REIT reported the three and nine months ended September 30, 2023 results: revenue $37.1 million, net income $2.5 million, or $0.05 per diluted share, EPS $0.05 per diluted share. Guidance reaffirmed.
  - Period: the three and nine months ended September 30, 2023
  - Revenue: $37.1 million
  - Net income: $2.5 million, or $0.05 per diluted share
  - EPS: $0.05 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: ( “ OP ” ) unit basis unless stated otherwise. Reconciliations of Net Income Attributable to Whitestone REIT to FFO, NOI and EBITDAre are included herein. • Revenues of $37.1 million versus $35.4 million for the third quarter of 2022. • Net Income attributable to common shareholders of $2.5 million, or $0.05 per diluted share, versus $3.9 million, or $0.08
  evidence_url: https://www.sec.gov/Archives/edgar/data/1175535/000143774923029526/0001437749-23-029526-index.htm

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