Stratus Properties Q1 revenue falls on asset sales
12/05/2026 13:27
Overview US residential and retail real estate firm's Q1 revenue fell yr/yr due to asset sales Net income turned positive in Q1, driven by Kingwood Place sale gain Board approved plan for complete liquidation, with estimated distributions of $29.73-$37.69 per share Outlook Stratus estimates liquidating distributions of $29.73 to $37.69 per share if plan approved Company's outlook centers on orderly sale of assets and returning net proceeds to shareholders Plan of Liquidation subject to shareholder approval at June 1, 2026 annual meeting Result Drivers ASSET SALES - Gain from Kingwood Place sale drove net income in Q1 REVENUE DECLINE FROM PROPERTY SALES - Revenue fell due to sale of Lantana Place – Retail and Kingwood Place PORTFOLIO MONETIZATION - Co focused on selling assets and preparing remaining properties for sale as part of liquidation plan Company press release: ID:nBw5kJPKda Key Details
| Metric | Beat/Miss | Actual | Consensus Estimate |
| Q1 Revenue | $3.79 mln | ||
| Q1 Net Income | $13.51 mln | ||
| Q1 EBITDA | $17.13 mln | ||
| Q1 Operating Income | $15.40 mln |
Recent news on Stratus Properties
See all newsBrief: Stratus Properties Inc. Announces Initial Liquidating Distribution Of $5.00 Per Share To Stockholders And Intention To Voluntarily Delist From Nasdaq And Deregister With SEC
Brief: Stratus Properties Inc. Completes Sale Of Jones Crossing – Retail For $46.5 Million
Brief: Stratus Properties - Announces Third Modification Agreement For Holden Hills Phase 1 Loan Effective June 8, 2026 - SEC Filing
Brief: Stratus Properties - Unit To Sell Jones Crossing Retail Component For $46.5 Million In Cash To Brixmor Operating Partnership LP
Stratus Properties Q1 revenue falls on asset sales