Stratus Properties Inc. (STRS) reported net income attributable to stockholders of $4.6 million, or $0.56 per share, in first quarter 2024, compared to a net loss attributable to common stockholders of $5.8 million, or $0.73 per share, previous year.
Revenues were $26.5 million compared to $5.8 million, a year ago, with the increase primarily due to the sale of approximately 47 acres at Magnolia Place in first quarter 2024. Also, Stratus sold two Amarra Villas homes in first quarter 2024, compared to one Amarra Villas home in first quarter 2023, at a substantially higher price per square foot in first quarter 2024.
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December 12, 2025 15:14 ET Central bank decisions dominated the economic news flow this week led by the Federal Reserve. Trade data from the U.S. also gained attention. The Canadian and Swiss central banks also announced their interest rate decisions. Inflation data from China was in focus as the country released the latest consumer price and producer price data.