DALLAS (AP) — DALLAS (AP) — American Realty Investors Inc. (ARL) on Thursday reported a first-quarter loss of $551,000, 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 3 cents.
The real estate investment company posted revenue of $12.3 million in the period.
ARL shares have declined 18% since the beginning of the year. The stock has risen 9% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARL at https://www.zacks.com/ap/ARL
/Intel%20Corp_%20badge%20holder-by%20hasrul_rais%20via%20Shutterstock.jpg)
/Advanced%20Micro%20Devices%20Inc_%20logo%20on%20phone%20and%20website-by%20T_Schneider%20via%20Shutterstock.jpg)
/The%20Shopify%20logo%20on%20a%20smartphone%20screen%20by%20IB%20Photography%20%20via%20Shutterstock.jpg)
/Robinhood%20app%20on%20phone%20by%20Andrew%20Neel%20via%20Unsplash.jpg)