ARL: Q4 Financial Results Overview

American Realty Investors Reports Fourth-Quarter Profit

American Realty Investors Inc., headquartered in Dallas, announced a net profit of $9.8 million for the fourth quarter, marking a turnaround from a loss during the same period last year.

The company’s earnings amounted to 60 cents per share, while losses—excluding one-time gains—stood at 10 cents per share.

During the quarter, the real estate investment firm generated $13 million in revenue.

For the full year, American Realty Investors recorded a net income of $15.7 million, or 97 cents per share, shifting from a loss to profitability. Annual revenue reached $50 million.

Since the start of the year, ARL’s stock price has climbed nearly 2%, and over the past year, shares have gained 17%.