American Realty Investors (ARL) Reports Q4 EPS of $0.17

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American Realty Investors, Inc. Reports First Quarter 2015 Results

May 13, 2015 7:15 PM EDT

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, 2015. For the three months ended March 31, 2015, the Company reported net income applicable to common shares of $3.0 million or $0.17 per diluted earnings per share, as compared to net income applicable to common shares of $2.9 million or $0.25 per diluted earnings per share for the same period ended 2014.

The Company continues to demonstrate our unwavering commitment to fortify our portfolio and streamline our operational activity, while at the same... More