Stratus Properties Inc. Reports Second-Quarter 2020 Results
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Stratus Properties (STRS) Reports Q2 EPS of $0.50
August 10, 2020 8:32 AM EDTStratus Properties (NASDAQ: STRS) reported Q2 EPS of $0.50, versus ($0.29) reported last year.
Highlights:
Net income attributable to common stockholders totaled $4.1 million, $0.50 per share, in second-quarter 2020, compared to a net loss attributable to common stockholders of $2.4 million, $0.29 per share, in second-quarter 2019. Second-quarter 2020 includes $15.0 million ($10.9 million to net income attributable to common stockholders or $1.32 per share) in income from Block 21 earnest money forfeited by Ryman Hospitality Properties, Inc. (Ryman) upon its May 2020 termination of agreements to purchase Block 21.Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) totaled $12.3 million in second-quarter 2020, compared to $3.0 million in second-quarter... More