Whitestone REIT-Whitestone (WSR) Q4 FFO and Revenues Top Estimates

Core Insights - Whitestone (WSR) reported quarterly funds from operations (FFO) of $0.28 per share, exceeding the Zacks Consensus Estimate of$ 0.26 per share, and up from $0.21 per share a year ago, representing a 7.69% surprise [1] - The company posted revenues of$ 40.84 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 6.38%, compared to $37.52 million in the same quarter last year [2] - The stock has underperformed the market, losing about 3.9% since the beginning of the year, while the S&P 500 gained 1.2% [3] Financial Performance - Over the last four quarters, Whitestone has surpassed consensus FFO estimates just once [2] - The current consensus FFO estimate for the upcoming quarter is$ 0.24 on revenues of $37.79 million, and for the current fiscal year, it is$ 1.05 on revenues of $156.38 million [7] Market Outlook - The estimate revisions trend for Whitestone is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] - The outlook for the REIT and Equity Trust - Other industry is currently in the bottom 47% of Zacks industries, which may impact stock performance [8]