earnings
confidence high
sentiment negative
materiality 0.65
Whitestone REIT Q1 GAAP EPS drops to $0.07 from $0.18; Core FFO up to $0.25
Whitestone REIT
2025-Q1 EPS reported
$0.07
revenue$38,003,000
- Revenue $38.0M (+2.2% YoY); net income $3.7M vs $9.3M in Q1 2024.
- Core FFO per diluted share $0.25 vs $0.24 YoY; same-store NOI grew 4.8%.
- Occupancy 92.9% (down from 93.6%); GAAP leasing spreads 20.3%.
- Reaffirmed 2025 guidance: Core FFO $1.03-$1.07, net income $0.33-$0.37 per share.
- Quarterly dividend $0.135 per share, unchanged; total debt $642.2M.