Whitestone REIT Past Earnings Performance
Past criteria checks 1/6
Whitestone REIT has been growing earnings at an average annual rate of 12.8%, while the Retail REITs industry saw earnings growing at 12% annually. Revenues have been growing at an average rate of 4.6% per year. Whitestone REIT's return on equity is 5.9%, and it has net margins of 17%.
Key information
12.8%
Earnings growth rate
6.3%
EPS growth rate
| Retail REITs Industry Growth | 8.5% |
| Revenue growth rate | 4.6% |
| Return on equity | 5.9% |
| Net Margin | 17.0% |
| Next Earnings Update | 01 Aug 2024 |
Recent past performance updates
Recent updates
Whitestone REIT: Undersupplied Submarkets Portend Growth
Apr 22Whitestone REIT: A Concentrated REIT With A 4.4% Yield
Apr 15Whitestone REIT: 4.1% Dividend Yield, Recent Hike And Sunbelt Focus
Mar 09Whitestone REIT: Positioned To Benefit From Bidenomics
Dec 21Whitestone REIT: A More Clear Buy After Q3 Results
Nov 06Whitestone REIT: An Undervalued REIT With A 4.9% Yield
Sep 06Whitestone REIT: Q2 Results Confirm A Buy Thesis
Aug 03Whitestone REIT: Acceptable Yield And Upside Potential
Jul 17Whitestone REIT: Crisis Resistant Retail Trading 50 Cents On The Dollar
Jun 06Whitestone REIT: Weighing The Pros And Cons
Feb 08Real Estate At 50 Cents On The Dollar: The Case For Whitestone REIT
Jan 05Whitestone REIT acquires Lake Woodlands Crossing
Dec 22Whitestone REIT signs lease agreement with EoS Fitness
Dec 09Whitestone REIT FFO of $0.24 in-line, revenue of $35.38M beats by $0.25M
Nov 01Whitestone REIT amends and extends $515 million credit facility
Sep 19Whitestone REIT: Too Cheap To Ignore
Aug 27Whitestone REIT FFO of $0.25 beats by $0.01, revenue of $35M beats by $0.74M
Aug 02Revenue & Expenses BreakdownBeta
How Whitestone REIT makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 145 | 25 | 22 | 0 |
| 31 Dec 23 | 144 | 19 | 21 | 0 |
| 30 Sep 23 | 143 | 38 | 21 | 0 |
| 30 Jun 23 | 141 | 39 | 20 | 0 |
| 31 Mar 23 | 141 | 32 | 20 | 0 |
| 31 Dec 22 | 140 | 35 | 18 | 0 |
| 30 Sep 22 | 138 | 18 | 20 | 0 |
| 30 Jun 22 | 136 | 17 | 20 | 0 |
| 31 Mar 22 | 131 | 16 | 20 | 0 |
| 31 Dec 21 | 126 | 10 | 23 | 0 |
| 30 Sep 21 | 123 | 11 | 22 | 0 |
| 30 Jun 21 | 120 | 9 | 22 | 0 |
| 31 Mar 21 | 117 | 6 | 22 | 0 |
| 31 Dec 20 | 119 | 6 | 21 | 0 |
| 30 Sep 20 | 119 | 19 | 21 | 0 |
| 30 Jun 20 | 119 | 20 | 20 | 0 |
| 31 Mar 20 | 121 | 22 | 21 | 0 |
| 31 Dec 19 | 121 | 23 | 22 | 0 |
| 30 Sep 19 | 121 | 16 | 22 | 0 |
| 30 Jun 19 | 122 | 21 | 21 | 0 |
| 31 Mar 19 | 122 | 21 | 23 | 0 |
| 31 Dec 18 | 122 | 21 | 23 | 0 |
| 30 Sep 18 | 126 | 15 | 24 | 0 |
| 30 Jun 18 | 128 | 10 | 25 | 0 |
| 31 Mar 18 | 128 | 10 | 24 | 0 |
| 31 Dec 17 | 126 | 8 | 24 | 0 |
| 30 Sep 17 | 120 | 6 | 25 | 0 |
| 30 Jun 17 | 112 | 4 | 26 | 0 |
| 31 Mar 17 | 107 | 4 | 25 | 0 |
| 31 Dec 16 | 104 | 7 | 24 | 0 |
| 30 Sep 16 | 102 | 9 | 22 | 0 |
| 30 Jun 16 | 101 | 9 | 21 | 0 |
| 31 Mar 16 | 98 | 10 | 21 | 0 |
| 31 Dec 15 | 93 | 6 | 20 | 0 |
| 30 Sep 15 | 87 | 5 | 20 | 0 |
| 30 Jun 15 | 81 | 5 | 18 | 0 |
| 31 Mar 15 | 76 | 4 | 17 | 0 |
| 31 Dec 14 | 72 | 5 | 15 | 0 |
| 30 Sep 14 | 69 | 5 | 14 | 0 |
| 30 Jun 14 | 66 | 5 | 12 | 0 |
| 31 Mar 14 | 64 | 5 | 11 | 0 |
| 31 Dec 13 | 60 | 3 | 11 | 0 |
| 30 Sep 13 | 58 | 1 | 10 | 0 |
| 30 Jun 13 | 54 | 1 | 9 | 0 |
Quality Earnings: WSR has a large one-off gain of $14.9M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: WSR's current net profit margins (17%) are lower than last year (22.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WSR's earnings have grown by 12.8% per year over the past 5 years.
Accelerating Growth: WSR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WSR had negative earnings growth (-23%) over the past year, making it difficult to compare to the Retail REITs industry average (5.5%).
Return on Equity
High ROE: WSR's Return on Equity (5.9%) is considered low.