Stratus Properties Inc. (STRS) reported a fourth-quarter net loss attributable to common stock of $4.3 million, $0.57 per share, compared to net income of $0.4 million, $0.06 per share, for fourth-quarter 2010. Total cost of sales increased to $30.63 million from $1.75 million in the same quarter last year.
Revenues for the quarter jumped to $28.57 million from $1.92 million in the prior year quarter.
For the year 2011, Stratus reported a net loss attributable to common stock of $10.4 million, $1.39 per share, compared with a net loss of $15.3 million, $2.05 per share, for the year 2010. The loss for the year 2010 includes a charge of $10.5 million, $1.41 per share, to establish valuation allowances against net deferred tax assets. Total cost of sales increased to $128.70 million from $9.53 million in the prior year.
Revenues for the year surged to $137.04 million from $5.66 million last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.