Whitestone REIT Builds on Momentum by Announcing 21% Increase in FFO Core Per Share for the 2015 Second Quarter; Raises Guidance for the Year

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Go back to Whitestone REIT Builds on Momentum by Announcing 21% Increase in FFO Core Per Share for the 2015 Second Quarter; Raises Guidance for the Year

Whitestone REIT (WSR) Tops Q2 EPS by 3c

August 5, 2015 5:12 PM EDT

Whitestone REIT (NYSE: WSR) reported Q2 EPS of $0.35, $0.03 better than the analyst estimate of $0.32. Revenue for the quarter came in at $22 million versus the consensus estimate of $21.75 million.

James C. Mastandrea, Chairman and Chief Executive Officer, stated, "We are pleased with our exceptional second quarter financial results which clearly demonstrate that our real estate investment strategy meets consumers' daily needs and creates value for our shareholders. Our differentiated strategy of owning Community Centered Properties in high population growth markets in states such as Arizona and Texas,... More