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ARL — American Realty Investors News Story

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American Realty Investors Q4 revenue rises, net income turns positive

Corrects metric label in table to 'Q4 Revenues' from 'Q4 Rental Revenues'

Overview

U.S. real estate investor's Q4 revenue rose yr/yr, driven by higher commercial property income

Net income swung to profit on gain from property sale

Outlook

Company did not provide specific guidance or outlook for future quarters or year

Result Drivers

ASSET SALE - Net income benefited from a $12.2 mln gain on the sale of Villas at Bon Secour multifamily property

COMMERCIAL PROPERTY INCOME - Revenue increased due to higher occupancy at Stanford Center and higher commercial property income

Company press release: ID:nBw88mDvsa

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 Revenues$13 mln
Q4 Net Income$9.8 mln
Q4 Operating Income-$3 mln
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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