Whitestone REIT (NYSE:WSR) Reports Mixed Q2 2025 Earnings: EPS Beat Offsets Revenue Miss

Whitestone REIT (NYSE:WSR), a Houston-based real estate investment trust specializing in open-air retail centers, reported its second-quarter 2025 earnings, delivering mixed results relative to analyst expectations. The company’s performance, market reaction, and forward-looking estimates provide key insights for investors.

Q2 2025 Earnings vs. Estimates

• Revenue: Whitestone posted Q2 revenue of $37.89 million, falling short of the consensus estimate of $38.93 million.
• Earnings Per Share (EPS): The company reported EPS of $0.26, significantly surpassing the estimated $0.0842.

The earnings beat suggests improved profitability despite softer-than-expected sales, likely driven by cost management or operational efficiencies. However, the revenue miss indicates potential challenges in leasing or tenant performance.

Market Reaction

Following the earnings release, Whitestone’s stock showed minimal after-hours movement, with no change in price. Over the past month, shares have declined 1.2%, reflecting broader market skepticism or pre-earnings caution. The muted post-earnings reaction suggests investors are weighing the EPS beat against the revenue shortfall.

Forward-Looking Estimates

Analysts project the following for Whitestone:

• Q3 2025 Revenue: $39.69 million (estimated)
• Full-Year 2025 Revenue: $157.35 million (estimated)
• Full-Year 2025 EPS: $0.35 (estimated)

The company did not provide explicit guidance in its press release, leaving investors to rely on external estimates. The lack of an outlook neither reinforces nor contradicts current expectations.

Key Takeaways from the Press Release

Whitestone emphasized its focus on Sun Belt markets, where it operates high-value, community-centered retail properties. The company highlighted its strategy of acquiring and redeveloping shopping centers in high-growth, high-income areas. While no specific operational metrics were detailed, the earnings release reiterated Whitestone’s commitment to convenience-oriented retail spaces.

For a deeper dive into Whitestone’s earnings and analyst projections, review the latest data here.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research or consult a financial advisor before making decisions.