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Stock impact report

American Realty Investors, Inc. Reports Second Quarter 2018 Results

American Realty Investors, Inc. (ARL) 
US:NYSE Investor Relations: americanrealtyinvest.com
Company Research Source: Business Wire
DALLAS--(BUSINESS WIRE)-- American Realty Investors, Inc. (NYSE:ARL), a Dallas-based real estate investment company, today reported results of operations for the first quarter ended March 31, 2018. For the three months ended June 30, 2018, we reported a net income applicable to common shares of $5.6 million or ($0.35) per diluted loss per share compared to a net loss applicable to common shares of $11.2 million or ($0.72) per diluted loss per share for the same period ended 2017. The Company maintained its overall focus on growing its portfolio and is working on several strategic initiatives that we previously announced earlier this year. Overall, management remains very encouraged about the overall performance of the company; especially tied to the quality of our assets in our portfolio, and the new multifamily apartment projects under various stages of development. Revenues Rental Show less Read more
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