ARL: 1Q Earnings Snapshot

ARL: 1Q Earnings Snapshot

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DALLAS (AP) _ American Realty Investors Inc. (ARL) on Wednesday reported a loss of $6.1 million in its first quarter.

On a per-share basis, the Dallas-based company said it had a loss of 38 cents.

The real estate investment company posted revenue of $11.9 million in the period.

ARL shares have risen almost 10% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $13.25, a decline of 25% 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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