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.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARL at https://www.zacks.com/ap/ARL
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
