Stratus Properties Inc. (NASDAQ:STRS) is set to announce third quarter earning results on Monday 9th November 2020, before market open.
Previous Quarter Performance
Stratus Properties Inc. announced income for the second quarter of $ 0.50 per share, from the revenue of $ 8.93 million. The consensus estimates are $ 2.41 million in revenue The top line results outshined analysts by $ 6.52 million or 270.54 percent.
Stock Performance
On Friday, shares of Stratus Properties Inc. has traded high as $ 23.41 and has cracked $ 22.33 on the downward trend, reaching $ 22.95 with volume of 7.00 thousand shares.
According to the previous trading day, closing price of $ 22.95, representing a 91.50 % increase from the 52 week low of $ 12.00 and a 28.68 % decrease over the 52 week high of $ 32.22.
The company has a market capital of $ 188.42 million and is part of the Real Estate sector and Real Estate – General industry.
Conference Call
Stratus Properties Inc. will be hosting a conference call at 11:00 AM eastern time on 9th November 2020, to discuss its 3Q20 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.
