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4-Traders Homepage  >  Equities  >  Nyse  >  American Realty Investors, Inc.    ARL

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American Realty Investors : ARL posts 3Q profit

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11/16/2017 | 11:13am CET

DALLAS (AP) _ American Realty Investors Inc. (ARL) on Tuesday reported third-quarter net income of $9.4 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Dallas-based company said it had net income of 59 cents. Losses, adjusted for non-recurring gains, were 23 cents per share.

The real estate investment company posted revenue of $31.8 million in the period.

ARL shares have increased 88 percent since the beginning of the year. The stock has risen 45 percent 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

Automated Insights, source Associated Press News

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American Realty Investors, Technical Analysis Chart | ARL | US0291741090 | 4-Traders
Managers
NameTitle
Daniel J. Moos President & Chief Executive Officer
Henry A. Butler Chairman & Vice President
Gene S. Bertcher Chief Financial Officer, CAO, Treasurer & EVP
Ted R. Munselle Independent Director
Robert A. Jakuszewski Independent Director
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