ARL: Q2 Earnings Snapshot

In This Article:

DALLAS (AP) — DALLAS (AP) — American Realty Investors Inc. (ARL) on Thursday reported second-quarter net income of $1.2 million.

The Dallas-based company said it had net income of 7 cents per share.

The real estate investment company posted revenue of $11.8 million in the period.

ARL shares have fallen slightly more than 5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $16.49, a drop of 14% in the last 12 months.

_____

This story was generated by Automated Insights (https://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARL at https://www.zacks.com/ap/ARL