Whitestone REIT reports results for the quarter ended December 31 - Earnings Summary

• Whitestone REIT WSR.N reported quarterly adjusted earnings of 33 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of four analysts for the quarter was for earnings of 11 cents per share. Wall Street expected results to range from 8 cents to 15 cents per share.

• Revenue rose 8.8% to $40.84 million from a year ago; analysts expected $38.77 million.

• Whitestone REIT's reported EPS for the quarter was 33 cents​.

• The company reported quarterly net income of $17.34 million.

• Whitestone REIT shares had fallen by 4.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the commercial reits peer group is also "buy"

Wall Street's median 12-month price target for Whitestone REIT is $16.00

This summary was machine generated from LSEG data March 4 at 01:17 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)