Investing.com - Whitestone reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Whitestone announced earnings per share of $0.240 on revenue of $35.4M. Analysts polled by Investing.com anticipated EPS of $0.090 on revenue of $34.79M.
Whitestone shares are down 58% from the beginning of the year and are trading at $9.880 , down-from-52-week-high.
Whitestone shares gained 5.56% in after-hours trade after the report.
Whitestone follows other major Real Estate sector earnings this month
Whitestone's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday with third quarter EPS of $1.8 on revenue of $2.67B, compared to forecast for EPS of $1.13 on revenue of $2.65B.
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