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ARL: Q1 Earnings Snapshot

ARL: Q1 Earnings Snapshot

By AP News
Published - May 11, 2023, 05:15 PM ET
Last Updated - Jun 21, 2023, 08:22 PM EDT

DALLAS (AP) — DALLAS (AP) — American Realty Investors Inc. (ARL) on Thursday reported first-quarter profit of $3 million.

The Dallas-based company said it had profit of 18 cents per share.

The real estate investment company posted revenue of $11.7 million in the period.

ARL shares have decreased 31% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $17.62, a climb of slightly more than 2% in the last 12 months.

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