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Stratus Properties Q4: $19M Profit, $29.9M Revenue

Published 2 days, 9 hours ago
Description

Stratus Properties, an Austin-based real estate firm, concluded 2022 with robust earnings, reporting a net income of $19.6 million, or $2.41 per share, for the fourth quarter. Annual profits reached $12 million, or $1.47 per share, with total revenue at $29.9 million. These figures underscore steady performance amid development projects, bolstering shareholder confidence and setting a strong foundation for future growth in Texas real estate.

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