Whitestone REIT (NYSE:WSR) is set to announce third quarter earning results on Monday 26th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, WSR to report 3Q20 income of $ 0.03 per share.
For the full year, analysts anticipate top line of $ 115.54 million, while looking forward to income of $ 0.12 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.05 ~ $ 1.09 per share
Click Here For More Historical Outlooks Of Whitestone REIT
Previous Quarter Performance
Whitestone REIT communicated income for the second quarter of $ 0.22 per share, from the revenue of $ 27.60 million. According to street consensus, revenue of $ 29.26 million was expected for the second quarter The top line results fell short of analysts by $ 1.66 million or 5.67 percent.
Stock Performance
On Friday, shares of Whitestone REIT has traded high as $ 6.42 and has cracked $ 6.22 on the downward trend, reaching $ 6.41 with volume of 185.10 thousand shares.
According to the previous trading day, closing price of $ 6.41, representing a 31.85 % increase from the 52 week low of $ 4.71 and a 57.61 % decrease over the 52 week high of $ 14.65.
The company has a market capital of $ 271.43 million and is part of the Real Estate sector and REIT – Retail industry.
Whitestone is a community-centered retail REIT that acquires, owns, manages, develops and redevelops high quality “E-Commerce resistant” neighborhood, community and lifestyle retail centers principally located in the largest, fastest growing and most affluent markets in the Sunbelt. Whitestones optimal mix of national, regional and local tenants provides daily necessities, needed services and entertainment to the communities in which they are located. Whitestones properties are primarily located in business-friendly Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio, which are among the fastest growing U.S.
