ARL: Q4 Earnings Snapshot
DALLAS (AP) _ American Realty Investors Inc. (ARL) on Tuesday reported a fourth-quarter loss of $6.8 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Dallas-based company said it had a loss of 42 cents.
The real estate investment company posted revenue of $8.6 million in the period.
For the year, the company reported profit of $3.3 million, or 21 cents per share. Revenue was reported as $42 million.
ARL shares have climbed 19% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $15.01, a climb of 73% in the last 12 months.