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Jun 30, 2021
Whitestone Q2 2021 Earnings Report
Whitestone's financial results increased, occupancy rose, debt was reduced, and expenses were successfully scaled.
Key Takeaways
Whitestone REIT reported strong Q2 2021 results, marked by increased revenues and occupancy, debt reduction, and successful expense scaling, driven by the re-activation of their strategic growth plan and well-located portfolio.
Revenues increased to $30.6 million compared to $27.6 million in Q2 2020.
Net income attributable to common shareholders per share was $0.12, up from $0.01 in Q2 2020.
Core FFO per share rose to $0.26, compared to $0.22 in Q2 2020.
Same-store NOI increased by 8.4% from Q2 2020.
Whitestone
Whitestone
Forward Guidance
No forward guidance provided in this report.