earnings
confidence high
sentiment positive
materiality 0.80
Whitestone REIT Q4 Core FFO $0.28/share (+17% YoY); issues 2025 guidance $1.03-$1.07
Whitestone REIT
- Q4 revenue $40.8M, net income $0.33 diluted (incl $0.23 gain on sale); Core FFO $0.28/share vs $0.24.
- Full year 2024 Core FFO $1.01/share vs $0.91; same-store NOI +5.1% to $94.6M.
- 2025 Core FFO guidance $1.03-$1.07/share; dividend raised 9% to $0.135/quarter.
- Q4 GAAP leasing spreads 21.9%; debt/EBITDAre improved to 6.6x from 7.6x a year ago.