AUSTIN, Texas — Stratus Properties Inc. (STRS) on Thursday reported a first-quarter loss of $1.1 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Austin, Texas-based company said it had a loss of 13 cents.
The real estate company posted revenue of $28.1 million in the period.
Stratus Properties shares have declined 48% since the beginning of the year. The stock has fallen 40% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STRS at https://www.zacks.com/ap/STRS