Whitestone REIT Announces Third Quarter 2019 Earnings Webcast and Conference Call
October 07 2019 - 7:00AM
Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today
announced that it will release its financial results for the third
quarter ended September 30, 2019 after the market close on
Wednesday, October 30, 2019.
Investors are invited to listen to the Company’s
third quarter results conference call and webcast for an update on
its “e-commerce resistant” business model, which will take place on
Thursday, October 31, 2019 at 10:00 A.M. Central Time. The
call will be led by Jim Mastandrea, Chairman and Chief Executive
Officer, and Dave Holeman, Chief Financial Officer. The
webcast and conference call access information is as follows:
To listen to a live webcast of the conference
call, click on the Investor Relations tab of the Company’s website,
www.whitestonereit.com, and then click on the webcast link. A
replay of the call will be available on Whitestone’s website via
the webcast link until the Company’s next earnings
release.
Dial-in number for domestic
participants: (800)
289-0438Dial-in number for international participants:
(323) 794-2423
The conference call will be recorded and a
telephone replay will be available through Thursday, November 14,
2019. Replay access information is as follows:
Replay number for domestic participants:
(844) 512-2921Replay number for international
participants: (412) 317-6671Passcode (for all
participants):
5958525
The third quarter earnings release earnings
release and supplemental data package will be located in the
Investor Relations section of the Company’s website. For
those without internet access, the earnings release and
supplemental data package will be available by mail upon
request. To receive a copy, please call the Company’s
Investor Relations line at (713) 435-2219. Additional information
about Whitestone can be found on the Company’s website at
www.whitestonereit.com.
About Whitestone REIT
Whitestone is a community-centered retail REIT that acquires,
owns, manages, develops and redevelops high quality "e-commerce
resistant" neighborhood, community and lifestyle retail centers
principally located in the largest, fastest-growing and most
affluent markets in the Sunbelt. Whitestone’s optimal mix of
national, regional and local tenants provides daily necessities,
needed services and entertainment to the communities in which they
are located. Whitestone's properties are primarily located in
business-friendly Phoenix, Austin, Dallas-Fort Worth, Houston and
San Antonio, which are among the fastest growing U.S. population
centers with highly educated workforces, high household incomes and
strong job growth. For additional information, visit
www.whitestonereit.com.
Forward-Looking Statements
Certain statements contained in this press release constitute
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended (the “Securities Act”) and
Section 21E of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”). The Company intends for all such forward-looking
statements to be covered by the safe-harbor provisions for
forward-looking statements contained in Section 27A of the
Securities Act and Section 21E of the Exchange Act, as applicable.
Such information is subject to certain risks and uncertainties, as
well as known and unknown risks, which could cause actual results
to differ materially from those projected or anticipated.
Therefore, such statements are not intended to be a guarantee of
our performance in future periods. Such forward-looking statements
can generally be identified by the Company's use of forward-looking
terminology, such as “may,” “will,” “plan,” “expect,” “intend,”
“anticipate,” “believe,” “continue,” “goals” or similar words or
phrases that are predictions of future events or trends and which
do not relate solely to historical matters.The following are some
of the factors that could cause the Company's actual results and
its expectations to differ materially from those described in the
Company's forward-looking statements: the Company's ability to meet
its long-term goals, its assumptions regarding its earnings
guidance, including its ability to execute effectively its
acquisition and disposition strategy, to continue to execute its
development pipeline on schedule and at the expected costs, and its
ability to grow its NOI as expected, which could be impacted by a
number of factors, including, among other things, its ability to
continue to renew leases or re-let space on attractive terms and to
otherwise address its leasing rollover; its ability to successfully
identify, finance and consummate suitable acquisitions, and the
impact of such acquisitions, including financing developments,
capitalization rates and internal rates of return; the Company’s
ability to reduce or otherwise effectively manage its general and
administrative expenses; the Company’s ability to fund from cash
flows or otherwise distributions to its shareholders at current
rates or at all; current adverse market and economic conditions;
lease terminations or lease defaults; the impact of competition on
the Company's efforts to renew existing leases; changes in the
economies and other conditions of the specific markets in which the
Company operates; economic, legislative and regulatory changes, the
success of the Company's real estate strategies and investment
objectives; litigation risks; the Company's ability to continue to
qualify as a REIT under the Internal Revenue Code of 1986, as
amended; and other factors detailed in the Company's most recent
Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and
other documents the Company files with the Securities and Exchange
Commission from time to time.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. The Company cannot guarantee the accuracy of any
such forward-looking statements contained in this press release,
and the Company does not intend to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Contact Whitestone REIT:Kevin ReedDirector of
Investor Relations(713) 435-2219ir@whitestonereit.com
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