Whitestone REIT (WSR) Tops Q3 EPS by 3c

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Whitestone REIT Announces 13% Increase in FFO Core Per Share for the 2015 Third Quarter; Raises Full Year Guidance

November 4, 2015 4:07 PM EST

HOUSTON, Nov. 04, 2015 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (Whitestone or the Company), today announced its financial results for the third quarter ended September 30, 2015.

Highlights for Third Quarter 2015 Compared to Third Quarter 2014

20th consecutive quarter of year-over-year revenue and net operating income (NOI) growth with increases of 32.7% and 36.4%, respectively.21st consecutive quarter of year-over-year funds from operations (FFO) Core growth with a 36.1% increase.10th consecutive quarter of year-over-year FFO Core per diluted common share and operating partnership (OP) unit growth with a 13.3% increase to $0.34.3.1% increase in same store... More