Detail akcie Stratus Prop online

Business Summary: Stratus Properties Inc. is a diversified real estate company. It is engaged primarily in the acquisition, entitlement, development, management, leasing, and sale of multi-family and single-family residential real estate properties, as well as commercial properties, in the Austin, Texas area and other select markets in Texas. Its segments include Real Estate Operations and Leasing Operations. Its Real Estate Operations segment is engaged in the acquisition, entitlement, development, and sale of real estate. The segment is focused on developing multi-family and single-family residential properties and residential-centric mixed-use properties. The Leasing Operations segment is primarily involved in the lease of space at retail and mixed-use properties, which it developed, and the lease of residences in multi-family projects that it developed. The tenants in its retail and mixed-use properties include grocery stores, restaurants, healthcare services, and other retail products and services.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Stratus Properties Inc revenues increased from $5.8M to $26.5M. Net income totaled $4.6M vs. loss of $5.8M. Revenues reflect Real Estate Operations segment increase from $2.5M to $22.1M, Leasing Operations segment increase of 32% to $4.4M. Net Income reflects Real Estate Operations segment income totaling $6.8M vs. loss of $2M, Eliminations and Other segment loss decrease of 6% to $4.4M.