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Whitestone REIT unveils FY'18 earnings outlook

Shopping center-focused real estate investment trust Whitestone REIT provided initial funds-from-operations and core FFO per-share guidance within the respective ranges of 96 cents to $1.01 and $1.19 to $1.24 for the full year 2018.

The S&P Capital IQ consensus FFO-per-share estimate for the year is $1.32.

In addition, the company wrapped up the sale of Bellnott Square in Houston for $4.7 million after the fourth quarter of 2017.

Whitestone expects to log a gain of roughly $300,000 in connection with the sale.