Whitestone: Q3 Earnings Snapshot

Published: 2021-10-26 16:55:08 ET WSR

HOUSTON (AP) _ Whitestone Reit (WSR) on Tuesday reported a key measure of profitability in its third quarter.

The real estate investment trust, based in Houston, said it had funds from operations of $12.3 million, or 25 cents per share, in the period.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $2.9 million, or 6 cents per share.

The real estate investment trust, based in Houston, posted revenue of $32.4 million in the period.

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