What To Expect From Stratus Properties Inc. ($STRS) 2Q20 Earnings

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Stratus Properties Inc. (NASDAQ:STRS) is set to announce second quarter earning results on Monday 10th August 2020, before market open.

Previous Quarter Performance

Stratus Properties Inc. communicated loss for the first quarter of $ 0.13 per share, from the revenue of $ 28.13 million. The quarterly revenues expanded 42.79 percent compared with the same quarter last year. Street analysts expected . The bottom line results street analysts by $ 0.04 or , at the same time, top line results analysts by $ 18.36 million or .

Historical Earnings Performance
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Click Here For More Historical Earnings Of Stratus Properties Inc.

Stock Performance

According to the previous trading day, closing price of STRS was $ 19.02, representing a 58.50 % increase from the 52 week low of $ 12.00 and a 40.97 % decrease over the 52 week high of $ 32.22.

The company has a market capital of $ 156.16 million and is part of the Real Estate sector and Real Estate – General industry.

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Conference Call

Stratus Properties Inc. will be hosting a conference call at 11:00 AM eastern time on 10th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.stratusproperties.com

Stratus Properties Inc., a real estate company, engages in the acquisition, entitlement, development, management, operation, and sale of commercial, hotel, entertainment, and multi-and single-family residential real estate properties primarily in Austin, Texas. The company operates through four segments: Real Estate Operations, Leasing Operations, Hotel, and Entertainment. It operates The W Austin Hotel & Residences project located on a two-acre city block in downtown Austin that comprises a 251-room luxury hotel; and 159 residential condominium units, as well as office, retail, and entertainment space.