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Whitestone: Q1 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — Whitestone Reit (WSR) on Wednesday reported a key measure of profitability in its first quarter.

The real estate investment trust, based in Houston, said it had funds from operations of $14.5 million, or 27 cents per share, in the period.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $4.1 million, or 8 cents per share.

The real estate investment trust, based in Houston, posted revenue of $41.4 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WSR at https://www.zacks.com/ap/WSR

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