earnings
confidence high
sentiment positive
materiality 0.75
Whitestone REIT Q2 Core FFO rises 5.4% to $0.26; occupancy improves to 93.9%
Whitestone REIT
2025-Q2 EPS reported
$0.17
revenue$75,895,000
- Q2 revenue $37.9M (+1% YoY); net income $5.1M ($0.10/share) vs $2.6M ($0.05) in Q2 2024.
- Core FFO $13.5M ($0.26/diluted share) vs $12.6M ($0.24); Core FFO per share up 5.4% YoY.
- Occupancy 93.9% (+100 bps from Q1 2025); same-store NOI grew 2.5% to $25.0M.
- Quarterly dividend maintained at $0.135 per share; FY2025 Core FFO guidance held at $1.03-$1.07 per share.
- Interest expense guidance raised to $33-34M from $32-33M; ending occupancy guidance 94-95%.