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ARL: 2Q Earnings Snapshot

DALLAS (AP) _ American Realty Investors Inc. (ARL) on Wednesday reported a second-quarter loss of $2.8 million, after reporting a profit in the same period a year earlier.

The Dallas-based company said it had a loss of 17 cents per share.

The real estate investment company posted revenue of $11.8 million in the period.

ARL shares have dropped slightly more than 4% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $11.55, a decrease of 35% 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