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Whitestone REIT (Whitestone REIT) Net Income : $19.2 Mil (TTM As of Dec. 2023)


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What is Whitestone REIT Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Whitestone REIT's Net Income for the three months ended in Dec. 2023 was $1.5 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $19.2 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Whitestone REIT's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.03.


Whitestone REIT Net Income Historical Data

The historical data trend for Whitestone REIT's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Whitestone REIT Net Income Chart

Whitestone REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.68 6.03 12.05 35.27 19.18

Whitestone REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.94 3.85 11.31 2.49 1.54

Whitestone REIT Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Whitestone REIT's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=19.9+-0.45+0+-0.27
=19.2

Whitestone REIT's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1.674+-0.111+0+-0.022
=1.5

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $19.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Whitestone REIT  (NYSE:WSR) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Whitestone REIT's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Whitestone REIT Net Income Related Terms

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Whitestone REIT (Whitestone REIT) Business Description

Traded in Other Exchanges
N/A
Address
2600 South Gessner, Suite 500, Houston, TX, USA, 77063
Whitestone REIT is a real estate investment trust (REIT) engaged in owning and operating commercial properties in culturally diverse markets in metropolitan areas. Its property portfolio includes retail and office/flex properties. The company's properties are located in business-friendly locations in and around Austin, Chicago, Dallas-Fort Worth, Houston, Phoenix, and San Antonio. The organization derives revenue in the form of rental revenues.
Executives
Julia Bruns Buthman director 5414 BELMONT AVE., DALLAS TX 75206
Amy Shih-hua Feng director 305 2ND AVENUE, APT 534, NEW YORK NY 10003
Christine J Mastandrea officer: VP Strategy & Mkt Research 2600 SOUTH GESSNER ROAD, SUITE 500, HOUSTON TX 77063
Soklin Siv officer: VP of Human Resources 4506 LAKE BARDWELL CT., RICHMOND TX 77406
John Scott Hogan officer: Chief Financial Officer 2311 SUN SHADOW LN, SPRING TX 77386
Peter Tropoli officer: General Counsel
Jeffrey Alan Jones director WHITESTONE REIT, 2600 SOUTH GESSNER ROAD, SUITE 500, HOUSTON TX 77063
James C Mastandrea director, officer: CHAIRMAN & CEO 1240 HURON ROAD SUITE 301, CLEVELAND OH 44115
David F. Taylor director WHITESTONE REIT, 2600 SOUTH GESSNER ROAD, SUITE 500, HOUSTON TX 77063
Najeeb A Khan director PO BOX 1602, SOUTH BEND IN 46634
Nandita Berry director 2600 SOUTH GESSNER, SUITE 500, HOUSTON TX 77063
Paul T Lambert director
David K Holeman officer: CHIEF FINANCIAL OFFICER 20 GREENWAY PLAZA, SUITE 600, HOUSTON TX 77046
John J Dee officer: CHIEF OPERATING OFFICER
Kyle A Miller officer: Vice President of Operations 2600 SOUTH GESSNER ROAD SUITE 500, HOUSTON TX 77063

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