DALLAS (AP) — DALLAS (AP) — American Realty Investors Inc. (ARL) on Thursday reported a third-quarter loss of $17.5 million, after reporting a profit in the same period a year earlier.
The Dallas-based company said it had a loss of $1.08 per share.
The real estate investment company posted revenue of $11.6 million in the period.
ARL shares have decreased 14% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $14.92, a rise of 14% in the last 12 months.
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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
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