Earnings Dip Amidst Operational Adjustments and Market Challenges
DALLAS, May 09, 2024--American Realty Investors, Inc. (NYSE:ARL) is reporting its results of operations for the three months ended March 31, 2024. For the three months ended March 31, 2024, we reported net income attributable to common shares of $1.8 million or $0.11 per diluted share, compared to net income attributable to common shares of $3.0 million or $0.18 per diluted share for the same period in 2023.
DALLAS, March 22, 2024--American Realty Investors, Inc. (NYSE:ARL) is reporting its results of operations for the quarter ended December 31, 2023. For the three months ended December 31, 2023, we reported net loss attributable to common shares of $2.1 million or $0.13 per diluted share, compared to net income attributable to common shares of $43.4 million or $2.69 per diluted share for the same period in 2022.