Stratus Properties ( (STRS) ) has released its Q2 earnings. Here is a breakdown of the information Stratus Properties presented to its investors.
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Stratus Properties Inc. is a real estate company focused on residential and retail properties, primarily operating in the Austin, Texas area and other select markets in Texas. In its latest earnings report, Stratus Properties announced a net income of $0.3 million for the second quarter of 2025, a significant improvement from the net loss of $1.7 million in the same quarter of the previous year. The company reported revenues of $11.6 million for the second quarter of 2025, up from $8.5 million in the second quarter of 2024, largely due to increased sales of Amarra Villas homes. Key highlights of the report include a joint venture for the development of Holden Hills Phase 2, which resulted in a $47.8 million cash distribution, and a $5.0 million pre-tax gain from the sale of the West Killeen Market retail project. Despite a net loss of $6.1 million in the first six months of 2025, the company has strengthened its cash position with $59.4 million in cash and cash equivalents by the end of June 2025. Looking ahead, Stratus Properties’ management remains focused on leveraging its improved cash position to explore various strategic alternatives, including share repurchases and reinvestments in its project pipeline, to enhance shareholder value.