Whitestone REIT (WSR) Q3 2024: Everything You Need to Know Ahead of Earnings

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Oct 30, 2024
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Whitestone REIT (WSR, Financial) is set to release its Q3 2024 earnings on Oct 31, 2024. The consensus estimate for Q3 2024 revenue is $38.29 million, and the earnings are expected to come in at $0.09 per share. The full year 2024's revenue is expected to be $151.8 million and the earnings are expected to be $0.42 per share. More detailed estimate data can be found on the Forecast page.

Whitestone REIT (WSR, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Whitestone REIT (WSR) have seen an adjustment, with forecasts for the full year 2024 increasing from $151.44 million to $151.8 million, and projections for 2025 slightly declining from $158.09 million to $158.06 million. Earnings estimates have also been revised, increasing from $0.41 per share to $0.42 per share for the full year 2024, and from $0.39 per share to $0.43 per share for 2025.

Whitestone REIT (WSR, Financial) Reported History

In the previous quarter of 2024-06-30, Whitestone REIT's (WSR) actual revenue was $37.65 million, which missed analysts' revenue expectations of $37.657 million by -0.03%. Whitestone REIT's (WSR) actual earnings were $0.05 per share, which missed analysts' earnings expectations of $0.08 per share by -37.5%. After releasing the results, Whitestone REIT (WSR) was down by -0.8% in one day.

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Whitestone REIT (WSR, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 7 analysts, the average target price for Whitestone REIT (WSR) is $15.93 with a high estimate of $17 and a low estimate of $15. The average target implies an upside of 12.49% from the current price of $14.16.

Based on GuruFocus estimates, the estimated GF Value for Whitestone REIT (WSR, Financial) in one year is $11.12, suggesting a downside of -21.47% from the current price of $14.16.

Based on the consensus recommendation from 7 brokerage firms, Whitestone REIT's (WSR, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.